1) A five-year $100,000 bond with a 7% stated interest rate and a 5% yield rate is purchased on 12/31/09 for $108,660. The bond matures on 12/31/14. Interest is to be received at the end of each year. The following amortization schedule reflects interest to be received, interest, revenue, amortization of bond premium and amortized cost of the bond investment at year end. Effective Interest Amortization Schedule Net Interest Amortization Unamortized End of Period Date Payment 12/31/09 1 12/31/10 7 ,000.00 2 12/31/11 7 ,000.00 3 12/31/12 7,000.00 4 12/31/137 ,000.00 5 12/31/14 7.000.00 5.433.00 5.354.00 5.272.00 5.186.00 5.095.00 1.567.00 1.646.00 1,728.00 1.814.00 1.905.00 8,660.00 7,093.00 5,447.00 3,719.00 1,905.00 Value 108,660.00 107,093.00 105,447.00 103,719.00 101,905.00 100.000.00 Record the journal entries at 12/31/09, 12/31/10, and 12/31/11, assuming the bond is classified as held-to-maturity (HTM). 12/31/09: 12/31/10: 12/31/11