Create a bond amortization table using the example given for thefollowing question.
On February 1, 2018, Wolf Inc. issued 10% bonds dated February1, 2018, with a face amount of $200,000. The bonds sold for$239,588 and mature in 20 years. The effective interest rate forthese bonds was 8%. Interest is paid semiannually on July 31 andJanuary 31. Wolf’s fiscal year is the calendar year. Wolf uses theeffective interest method of amortization.