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9 ! Required information Part 1 of 9 8 points [The following information applies to the questions displayed below.] On January 1 of this
9 ! Required information Part 1 of 9 8 points [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 End of Year 1 $ 3,600 $ 3,417 End of Year 2 eBook End of Year 3 ? ? ? $ 183 ? $ 48,813 48,630 48,434 ? 210 ? End of Year 4 3,376 ? 48,000 Print References Required: 1. Complete the amortization schedule. (Enter all your values in positive. Round your final answers to nearest whole dollar amount.) Date Cash Interest Amortization Book Value January 1, Year 1 $ 48,813 End of Year 1 $ 3,600 $ 3,417 $ 183 $ 48,630 End of Year 2 48,434 End of Year 3 End of Year 4 $ 210 3,376 EA 48,000
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