On Anay 1, 201a Oliver Company issued $3 million of 5 year bonds at an 10% stated interest e to be paid annually,Oliver Company issued the bonds at 103 since the market rate of interest was 9% What amount would income statement for the year ending December 31, 2011 assuming Oliver Company uses the taisht line.amortization method to amortize bond premiums and discounts. Oliver Company report as the interest expense of the bond on the 282000 276129 278.100 318,000 There is not enough information to answer the