1. complete the amortization schedule.

2. When the bonds mature at the end of Year 4, what amount of principal will Olive pay investors?

3. How much cash will be disbursed for interest each period and in total over the life of the bonds?

4. What was the annual market rate of interest on the date the bonds were issued?

5. What amount of interest expense will be reported on the income statement for Year 2 and Year 3?

6. What amount for bonds payable will be reported on the balance sheet at the end of Year 2 and Year 3?

Required information [The following information applies to the questions displayed below.] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31. The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below pertains to the bonds: Cash Interest Amortization $ 5,200 $ 5,019 $ 181 Date January 1, Year 1 End of Year 1 End of Year 2 End of Year 3 End of Year 4 Balance $ 52,833 52,652 52,454 ? 52,000 ? 217 n. n. ? 4,963 Required: 1. Complete the amortization schedule. (Enter all your values in positive. Round your final answers to nearest whole dollar amount.)