Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 01/01/2021 $ 237,311 06/30/2021 $ 10,000 $ 11,866 $ 1,866 239,177 12/31/2021 10,000 11,959 1,959 241,136 06/30/2022 10,000 12,057 2,057 243,193 12/31/2022 10,000 12,160 2,160 245,353 06/30/2023 10,000 12,268 2,268 247,621 12/31/2023 10,000 12,379 2,379 250,000
THA issued the bonds for:.