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Exercise $9-20($Algo$)$ Record the early retirement of bonds issued at a premium $($LO$9-6)$

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On January $1,2024,$ White Water issues $$520,000$ of $8\%$ bonds, due in $15$ years, with interest payable semiannually on June $30$ and December $31$ each year. The market interest rate on the issue date is $7\%$ and the bonds issued at $$567,819.$

Exercise $9-20($Algo$)$ Part $1$

Required:

$1.$ Using an amortization schedule, show that the bonds have a carrying value of $$561,752$ on December $31,2026.($Round your final answers to the nearest whole dollar.$)$