Exercise 10-20A (Algo) Effective interest amortization of a bond discount LO 10-6 On January 1, Year 1, Parker Company issued bonds with a face value of $60.000, a stated rate of interest of 9 percent, and a five-year term to inaturity. Interest is payable in cash on December 31 of eachyear. The effective rate of interest was if percent at the time the boods were issued. The bonds sold for 555,565 . Parker used the effective interest rate method to amortize the bond discount. Note: Round your intermediate calculetions and final answers to the nearest whole dollar amount. Aequired a. Prepare an amortization table. b. What is the carryng walue that would appear on the Year 4 balance sheet? c. What is the interest expense that would appear on the Year 4 income statement? d. What is the arsount of cash outfiow for interest thot would appear in the operating activities section of the Year 4 satentent of cash floys