Waldron Inc. issued $400,000 bonds with a stated rate of 7% when the market rate was 5%. They are 3-year bonds with interest to be paid annually. Assume that the bonds were issued for $421,840....

Waldron Inc. issued $400,000 bonds with a stated rate of 7% when the market rate was 5%. They are 3-year bonds with interest to be paid annually. Assume that the bonds were issued for $421,840. Prepare an amortization table for the first three payments.