Preparing and Using an Amortization Table $($Straight Line$)$

Girves Development Corporation has agreed to construct a plant in a new industrial park. To finance the construction, the county government issued $$5,000,000$ of $10$ year, $4\mathrm{.}75\%$ revenue bonds for $$5,125,000$ on January $1,2024.$ Girves will pay the interest and principal on the bonds. When the bonds are repaid, Girves will receive title to the plant. In the interim, Girves will pay property taxes as if it owned the plant. This financing arrangement is attractive to Girves, as state and local government bonds are exempt from federal income taxation and thus carry a lower interest rate. The bonds are attractive to investors, as both Girves and the county are issuers. The bonds pay interest semiannually on June $30$ and December $31.$

Required:

Prepare an amortization table through December $31,2025,$ for these revenue bonds assuming straight$-$line amortization. If an amount box does not require an entry, leave it blank and if the answer is zero, enter $"0".$

Girves Development Corporation Amortization Table

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