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Montana Inc. issued $900,000 of 12-year bonds with a stated rate of 8% when the...

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Accounting

Montana Inc. issued $900,000 of 12-year bonds with a stated rate of 8% when the market rate was 9%. The bonds pay interest semi-annually. Assume that the
bonds were issued for $883,386. Prepare an amortization table for the first three payments.
PLEASE NOTE: All dollar amounts will be rounded to whole dollars using "$" and commas as needed (i.e. $12,345).
[HINT - You definitely will want to use this EXCEL spreadsheet Final Chapter13#3#4 Worksheets.xlsx darr, to assist in your calculations.]
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