$On$ January $1,2024,$ Splash City issues $$320,000of8\%$ bonds, due $in15$ years, with interest payable semiannually $on$ June $30$ and December $31$ each year. The market interest rate $on$ the issue date $is9\%$ and the bonds issued $at$ $$293,938.$

Required:

$1.$ Using $an$ amortization schedule, show that the bonds have a carrying value $of$ $$295,765on$ December $31,2025.(Round$ your final answers $to$ nearest whole dollar.$)$

$On$ January $1,2024,$ Splash City issues $$320,000of8\%$ bonds, due $in15$ years, with interest payable semiannually $on$

June $30$ and December $31$ each year. The market interest rate $on$ the issue date $is9\%$ and the bonds issued $at$ $$293,938.$

Required:

Using $an$ amortization schedule, show that the bonds have a carrying value $of$ $$295,765on$ December $31,2025.(Round$ your final

answers $to$ nearest whole dollar.$)$