Flounder Corp. Invested in a three-year, $100 face value 9% bond, paying $90.39. At this price, the bond will yield a 12% return. Interest is payable annually. (a) Your answer is correct Prepare a bond discount amortization table for Flounder Corp., assuming Flounder uses the effective interest method required by IFRS. (Round answers to 2 decimal places, e.g. 52.75.) Bond Discount Amortization Table Date Cash Received Interest Income Bond Discount Amortization Amortized Cost of Bond Day 1 90.39 End Year 1 10.85 2.35 93.24 End Year 2 11.19 3.19 96.43 End Year 3 8 11.57 3.57 100 24 33.61 9.61 Assuming Flounder Corp. applies ASPE and has chosen to use the straight-line method of amortization, determine the amount of discount that is amortized each year. (Round answer to 2 decimal places, eg, 52.75.) Straight-line discount amortization $ 9.61 each year