Required information Exercise 14-7 Straight-Line: Amortization table and bond interest expense LO P2 The following information applies to the questions displayed below.) Duval Co. issues four-year bonds with a $105,000 par value on January 1, 2019, at a price of $100.950. The annual contract rate is 7%, and interest is paid semiannually on June 30 and December 31 Exercise 14-7 Part 1 1. Prepare a straight-line amortization table for these bonds. (Round your answers to the nearest dollar amount.) Semiannual Period End 1/01/2019 6/30/2019 Unamortized Discount 4,050 Carrying Value 100,950 5 12/31/2019 6/30/2020 12/31/2020 6302021 12/31/2021 6/30/2022 12/31/2022