Preparing a Bond Amortization Table $($Straight Line$)$

On January $1,2025,$ Distel Company borrowed $$27,200$ by issuing $3-$year, $8\mathrm{.}5\%$ bonds with a face amount of $$25,000.$ Interest is paid annually on December $31.$

Required:

Prepare an amortization table. If an amount box does not require an entry, leave it blank and if the answer is zero, enter $"0".$ Round to the nearest dollar and if necessary, round final year to amortize full amount of premium.

Distel Company

Amortization Table

$\backslash$table$[[$Period$,\backslash$table$[[$Cash$],[$Payment$],[($Credit$)]],\backslash$table$[[$Interest$],[$Expense$],[($Debit$)]],\backslash$table$[[$Premium on$],[$Bonds Payable$],[($Debit$)]],\backslash$table$[[$Premium on$],[$Bonds Payable$],[$Balance$]],\backslash$table$[[$Carrying$],[$Value$]]],[$At issue,,,,$$,$$