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10 ! Part 2 of 9 2 points Required information [The following information applies to the questions displayed below.] On January 1 of this
10 ! Part 2 of 9 2 points 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: Date Cash Interest Amortization Book Value January 1, Year 1 $ 48,813 End of Year 1 $ 3,600 $ 3,417 End of Year 2 ? ? $ 183 ? 48,630 48,434 eBook End of Year 3 End of Year 4 ? ? 210 ? ? 3,376 ? 48,000 Print References 2. When the bonds mature at the end of Year 4, what amount of principal will Olive pay investors? Principal amount
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