Hondor Corporation issued bonds and received cash in full for the issue price. The bonds were dated and issued on January 1, 2018 The stated interest rate was payable at the end of each year. The bonds mature at the end of four years. The following schedule has been completed (amounts in thousands): Cash Interest Amortization Balance Date January 1, 2018 End of year 2018 End of year 2019 End of year 2020 End of year 2021 $5,694 5,673 5,651 420 420 420 420 399 398 $21 27 5,600 Required 1. Complete the amortization schedule 2. What was the maturity amount (face value) of the bonds? 3. How much cash was received at date of issuance (sale) of the bonds? 4. Was there a premium or a discount? If so, which and how much was it? 5. How much cash is paid for interest each period and will be paid in total for the full life of the bond issue? 6. What is the stated interest rate? TIP: The stated interest rate can be calculated by comparing the cash payment to the face value of the bond 7. What is the market interest rate? 8. What amount of interest expense should be reported on the income statement each year? 9. Show how the bonds should be reported on the balance sheet at the end of 2018 and 2019 Complete this question by entering your answers in the tabs below Required Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Complete the amortization schedule. (Enter your answers in thousands. Round your answers to the nearest whole dollar.) Cash Interest Amortization Balance te Jan. 1, 2018 End of Year 2018 End of Year 2019 End of Year 2020 End of Year 2021 5,694 5,673 5,651 420 420 420 420 399 21 398 27 5,600