On January 1, 2024. White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $644,632. Complete the first three rows of an amortization schedule.
Record the bond issue on January 1, 2024, and the first two semlannual interest payments on June 30.2024, and December 31 , 2024.