Exercise 14-6 Your answer is partially correct. Try again. Tamarisk Company sells 9% bonds having a maturity value of $1,750,000 for $1,560,756. The bonds are dated January 1, 2017, and mature January 1, 2022. Interest is payable annually on January 1 Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to 0 decimal places, e.g. 38,548.) Schedule of Discount Amortization Straight-Line Method Cash Paid Interest Expense Discount Amortized Carrying Amount of Bonds Year Jan. 1, 2017 Jan. 1, 2018 Jan. 1, 2019 Jan. 1, 2020 Jan. 1, 2021 Jan. 1, 2022 1560756 1560756 157500 187291 29791 1590547 157500 190866 33366 1623912 157500 194869 37369 1661282 157500 199354 41854 1703136 157500 204364 46864 1750000