Jason owns Blue Corporation bonds (face value of $10,000), purchased on January 1, 2017, for $11,000. The bonds have an annual interest rate of 6% and a maturity date of December 31, 2026. If Jason elects to amortize the bond premium, what is his taxable interest income for 2017 and the adjusted basis for the bonds at the end of 2017 (assuming straight-line amortization is appropriate)?