Dayle Company iszued 5440,000 of 10 year, 6 percent bond on danuary 1. Year 2 . The bonds were bsued at face value. land The lend was leased for an annus 556500 of cash revenue, which was collected on Decenter 3 th of each year, beorring December 21 , war 2 . Exercise 10.6A (Algo) Part b b. Prepace the ncome atatement, balance shicet and statement of cash flows for Year 2 and Year 3 Conpilete this guestivin by enterithe yuer answers in the tabs liefow, Required informetion Exercise 10-6A (Algo) Two accounting cycles for bonds issued at face value LO 10-3 The following informasion applies to the questons displiyed belowl/. Doyle Compary issued $440.000 of 10 -yeac, 6 percent bonds on 1 anuary 1 , Year: 2 . The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immed ately irvested the peoceeds frons the bond issue in fand The land was leased for an arrual $56,500 of cash revenue, Which was colected on December 31 of each year, beginning Decentber 31 , Year 2. Exercise 10.6A (Alge) Part b b. Prepsre the income statement, balance sheet, and statement of cash flows for Year 2 and Year 3 . Complete this question by entering your answers in the tabs below. Prepare the income seatement for vear 2 and rear 3 . Doyle Company issued 3440,000 of soyear, 6 percent bonds on Jamuary 1 , Year 2 . The bonds were ksued ar tace value. interest is payable in cash on December at of each year. Doyle inimediafely invested the proceeds from the band issue in land The land was leased for an arrual $56,500 of cash revenue, which was colkected on Decernber 3 of each year. beginning Decerber 3t. Year 2 . Exercise 10+6A (Algo) Part b b. Prepare the incerne statement, bolonce sheet, and stotement of cash flows fot Year 2 and Year 3 Complete this question by entering your answers in the tabs below. Brepare the statement of cath flows for vear z and Year y. Fote. Amounts to he deoructed and cash eueraws shicida be halicated who minus sian