Given the following data, prepare an amortization schedule (use the straight line method)

1/1/10 - issued $800,000, 9%, 3 year bonds, interest paid annually on 12/31 to yield 8%

Use the following format (round to nearest dollar, may have small rounding difference);

HINT: 800,000 X 9% is TOTAL ANNUAL INTEREST PAYMENT

Date Cash paid Int. expense Amortization Bond carry value 1/1/10 820,615 12/31/10 12/31/11 12/31/12