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Accounting

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! Required information [The following information applies to the questions displayed below! On January 1, 2021. White Water issues $560,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $500,674 Required: . Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar) Date Cath Paid Interest Increase in Expense Carrying Value Carrying Value $ 500,674 01/01/2021 12/31/2021 12/31/2022 17,5245 723 $ 16,800 s 10,800

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