Question: Required information Exercise 9-12 (Static) Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed

Required information Exercise 9-12 (Static) Record bonds issued at a premium and

Required information Exercise 9-12 (Static) Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below.] On January 1, 2024, Splash City issues $500,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $549,482. Exercise 9-12 (Static) Part 1 Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 1/1/2024 6/30/2024 12/31/2024

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