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E10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at . Discount and Determining Reported Amounts LO10-4 On January of this year. Ikute

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E10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at . Discount and Determining Reported Amounts LO10-4 On January of this year. Ikute Company issued a bond with a face value of $115,000 and a coupon rate of 4 percent. The bond matures in 2 years and pays interest every December 31. When the band was issued, the annual market rate of interest was 5 percent ikuta uses the effective interest amortization method (vio $1. Ey of SI, EVA S and PVA $1 (Use the appropriate factor(s) from the tables provided. Round your answers to whole dollars) Required: 1. Complete a bond amortization schedule for all three years of the band's ne Stash Into Interest Expense Amortization Book Value of Bond Date Jan 01 Year 1 Dec 31 Year Dec 31. Year 2 Dec 31 Your 3 2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 22 Year1 Year Docombu Inderstepen Bonda payable Present Value of nuty of 31 2.0 00 0903 456 SED 54 7. 24 2011 31017 40 56010 0-T 190 2 31110 457971 5611 21 2651 090 4 27 1545 2542 DS 57954 2519 76516 520 40 1110 26711 140511 1235 09172 5 2079 10010 1 DEZS LE SO4 732541 S0S NIN 5 25 ICS SENE 710 129 5910 651523 11000 7.500 20 379 7. 06 90 SYS 7412 794258 35755 Present of ty of $1 10 20 11 016763 96 12 10.57534 13 121314 114 14 1300170 1210625 116505 16 1471 17 15.50225 10 16.35827 99200 19 1722601 15656 20 18.04555 163510 25 22.02156 19.526 30 25 0711 Present Value of Annuity of 51 3.0 30% 9707 S 1010 10.79 1131570 TO 725252 15400 10.630 1125601 11 $2.56110 116612 137551 16320 14TH 1741315 19.500 AN tt 71225 10 417 100 1 13503 9. 25323 70.00 1023560 10 521734 12 000 TUD 100 0.900 O.COM 24 2100 030000 1000 152724 2106 2223 St LCHONE REZ 29 200 2.00 30 421054 471220 OSZ 1 0-17 2 1.025 3 257710 251129 131213 327972 5 3211 35 6 22 42 7 520037 50195 5. 5.5 19 3.95 71000 6.41700 Present Value of Anty of 51 Perde SLESCE 4355 490 53 S. 156 4967 15 2005 SO STRES NES DE 5510 522) 4537 15 030 SOS 357050 00 60 59370 11 12 13 SOCHE 713096 9. 20 2018 155 17 13164 205 372513 7430 THIS 1002 515 710335 7 7:50600 10 13 111258 $500 EST 710 73710 77 7.00 300155 20161 041 18 2. 30 10270

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