Martinez Corp. invested in a threeyear, $100 face value 8% bond, paying $90.39. At this price, the bond will yield a 12% return. Interest is payable annually. V (a) v Your answer is correct. Prepare a bond discount amortization table for Martinez Corp., assuming Martinez uses the effective interest method required by IFRS. (Round answers to 2 decima.' places, e.g. 52.75.) Bond Discount Amorlizaon Table Date Cash Received Interest Income Bond Discount Amorlization Amortized Cost of Bond '1 Day 1 $ 90.39 \\I \\I \\I \\I End Year 1 $.1035 $ 2.35 93.24 \\I \\I \\I \\I End Year 2 1 11.19 3.19 96.43 \\I \\I \\I \\I End Year 3 - 11.57 3.57 190.00 \\I \\I \\I 24 33.61 9.61 9- 9- 9- Date ACCOUNT Titles and Explanation Debit Credit Day 1 End of Year 1 End of Year 2 End of Year 3 (To record interest) (To record proceeds on maturity)