Exercise 10-20A Effective interest amortization of a bond discount LO 10-6 10 points 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 maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was tt percent at the time the bonds were issued. The bonds sold for $55,565 Parker used the effective interest rate method to amortize the bond discount found your Intermediate calculations and final answers to the nearest whole dollar amount.) Required a. Prepare an amortization table Book Hint Cash Payment Interest Expense Discount Amortization Carrying Value 55 565 56.277 5.400 6.112 712 Date January 1 Year December 31, Year! December 31 Year 2 December 31 Year December 31 Year 4 December 31 Years Totals b. What is the carrying value 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 amount of cash outflow for interest that would appear in the operating actes section of the Year 4 steentech nows? Carrying value Internet expene