explain and solve 3. Prepare a Straight-Line Amortization Table In straight-line amortization, the discount is spread evenly across each period. Discount Amortized per Period: $ 2 , 151 6 = $ 358.50 6 $2,151 =$358.50 Each semiannual period incurs a bond interest expense consisting of the cash interest plus the straight-line amortization of the discount. \[ \begin{array}{|c|c|c|c|c|} \hline \text{Semiannual Period} & \text{Interest Payment (Cash)} & \text{Amortization of Discount} & \text{Interest Expense} & \text{Carrying Value} \ \hline \text{0 (Initial)} & & & & \$79,849 \ \hline 1 & \$2,870 & \$358.50 & \$3,228.50 & \$80,207.50 \ \hline 2 & \$2,870 & \$358.50 & \$3,228.50 & \$80,566.00 \ \hline 3 & \$2,870 & \$358.50 & \$3,228.50 & \$80,924.50 \ \hline 4 & \$2,870 & \$358.50 & \$3,228.50 & \$81,283.00 \ \hline 5 & \$2,870 & \$358.50 & \$3,228.50 & \$81,641.50 \ \hline 6 & \$2,870 & \$358.50 & \$3,228.50 & \$82,000.00 \ \hline \end{array}\] The "Carrying Value" at the end of each period increases by the amortization amount, eventually reaching the par value of $82,000 by the end of the bond's term. This structure presents how the total interest expense and amortization of the discount are consistently applied over the bond's lifespan using the straight-line method. If you have further questions or need clarification, feel free to ask