Question: On December 3 1 , 2 0 2 0 , Wildhorse, Inc sold $ 3 , 9 5 0 , 0 0 0 ( face

 On December 31,2020, Wildhorse, Inc sold $3,950,000(face value) of bonds. The

On December 31,2020, Wildhorse, Inc sold $3,950,000(face value) of bonds. The bonds are dated December 31,2020, pay interest annually on December 31, and will mature on December 31,2020. The following schedule was prepared by the accountant for 2020.
\table[[\table[[Annual],[Interest Period]],\table[[Interest to],[be Paid]],\table[[Interest],[Expense]],Amortization,\table[[Unamortized],[Amount]],\table[[Bond],[Carrying Value]]],[,,,,$118,500,$3,831,500
bonds are dated December 31,2020, pay interest annually on December 31, and

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