Homework-Chapher 7 Required Information Exercise 7-13 Two complete accounting cycles: Bonds issued at face value with annual interest LO 7-7 The following information applies to the questions displayed below Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $125,000 of cash revenue, which was collected on December 31 of each year beginning December 31 2018 Exercise 7-13 Pert b b. Prepare the income statement bslance sheet, and statement of cash flows for 2018 and 2019 5 6 8 Q/f w E// R / T.Y: U