4 On January 1, Year 1, Parker Company issued bonds with a face value of $71,000, a stated rate of interest of 11 percent, and a five-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 13 percent at the time the bonds were issued. The bonds sold for $66,006. Parker used the effective interest rate method to amortize the bond discount. 20 points Required a. Prepare an amortization table. b. What item(s) in the table would appear on the Year 4 balance sheet? c. What item(s) in the table would appear on the Year 4 income statement? d. What item(s) in the table would appear on the Year 4 statement of cash flows? eBook Complete this question by entering your answers in the tabs below. Hint Reg A Req B to D Print Prepare an amortization table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) . References Date Cash Payment Interest Expense Discount Amortization Carrying Value 66,006 66,777 7,810 8,581 771 January 1, Year 1 December 31, Year 1 December 31, Year 2 December 31, Year 3 December 31, Year 4 December 31, Year 5 Totals Req A Req B to D > 4 On January 1, Year 1, Parker Company issued bonds with a face value of $71,000, a stated rate of interest of 11 percent, and a five-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 13 percent at the time the bonds were issued. The bonds sold for $66,006. Parker used the effective interest rate method to amortize the bond discount. 20 points Required a. Prepare an amortization table. b. What item(s) in the table would appear on the Year 4 balance sheet? c. What item(s) in the table would appear on the Year 4 income statement? d. What item(s) in the table would appear on the Year 4 statement of cash flows? eBook Complete this question by entering your answers in the tabs below. Hint Req A Reg B to D Print o b. What item(s) in the table would appear on the Year 4 balance sheet? c. What item(s) in the table would appear on the Year 4 income statement? d. What item(s) in the table would appear on the Year 4 statement of cash flows? (Round your intermediate calculations and final answers to the nearest whole dollar amount.) References Show less Carrying value c. Interest expense d. Cash outflow for interest