11 ! Part 3 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 ? ? 210 ? End of Year 4 ? 3,376 ? 48,000 Print References 3. How much cash was received on the day the bonds were issued (sold)? Cash received