On January 1,2018,a Company Issues 3-Year Bonds with a Face

On January 1,2018,a company issues 3-year bonds with a face value of $50,000 and a stated interest rate of 7%.Because the market interest rate is 9%,the company receives $47,469 for the bond.
Required:
Fill in the table assuming the company uses effective-interest bond amortization.
$$\begin{array} { | c | c | c | c | c | c | c | } \hline \begin{array} { c } \text { Period } \\\text { Ended }\end{array} & \begin{array} { c } \text { Cash } \\\text { Paid }\end{array} & \begin{array} { c } \text { Interest } \\\text { Expense }\end{array} & \begin{array} { c } \text { Amortized } \\\text { Discount }\end{array} & \begin{array} { c } \text { Bonds } \\\text { Payable }\end{array} & \begin{array} { c } \text { Discount on } \\\text { Bonds } \\\text { Payable }\end{array} & \begin{array} { c } \text { Carrying } \\\text { Value }\end{array} \\\hline 01 / 01 / 18 & & & & & & \\\hline 12 / 31 / 18 & & & & & & \\\hline 12 / 31 / 19 & & & & & & \\\hline 12 / 31 / 20 & & & & & & \\\hline\end{array}$$