Question: Need help with this question Bonds Issued at a Premium ( Effective Interest ) Haley Industries issued $ 9 0 , 0 0 0 of

 Need help with this question Bonds Issued at a Premium (Effective

Need help with this question
Bonds Issued at a Premium (Effective Interest)
Haley Industries issued $90,000 of 7%,7-year bonds on January 1,2024, with a $5,024 premium. Interest is paid annually on December 31. The market rate of
interest is 6%.
Required:
Prepare the amortization table using the effective interest rate method. If an amount box does not require an entry, leave it blank. If the answer is zero, enter
"0". When required, round your answers to the nearest whole dollar. And, round final year to complete the amortization.
Haley Industries
Amortization Table
Interest) Haley Industries issued $90,000 of 7%,7-year bonds on January 1,2024, with

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