On January 1, 2021, Surreal Manufacturing issued 630 bonds, each with a face value of $1,000, a stated interest rate of 3 percent paid annually on December 31 , and a maturity date of December 31,2023 . On the issue date, the market interest rate was 4 percent, so the total proceeds from the bond issue were $612,519. Surreal uses the simplified effective-interest bond amortization method and adjusts for any rounding efrors when recording interest in the final year. Required:
1. Prepare a bond amortization schedule.