P9.5 (Algo) Completing a Bond Amortization Schedule for a Bond Issued at a Premium

P9-5 (Algo) Completing a Bond Amortization Schedule for a Bond Issued at a Premium LO9-3 Berj Corporation issued bonds and received cash in full for the issue price. The bonds were dated and issued on January 1, year 1. Interest is payable at the end of each year. The bonds mature at the end of four years. The following schedule has been partially completed (amounts in thousands): Interest January 1, year 1 December 31, year 1 December 31, year 2 December 31, year 3 December 31, year 4 Carrying Cash Paid Expense Amortization Amount $6,501 $672 672 672 $650 $22 6,479 ? 672 6,455 ? 6,400 Required: 1. Complete the amortization schedule. (Make sure that the unamortized discount/premium equals to '0' and the Net Liability equals to face value of the bond in the last period. Enter your answers in thousands of dollars. Round intermediate calculations and final answers to the nearest whole dollars. Enter all amounts as positive values.) Date Cash Paid Interest Expense Amortization Carrying Amount January 1, year 1 6,501. December 31, year 1 $ 672 $ 650 $ 22 6,479 December 31, year 2 672 6,455 December 31, year 3 672 December 31, year 4 672 6,400 2. What was the maturity amount of the bonds? (Enter your answer in thousands of dollars.) Maturity amount