On January $1,2022,$ Novak Company acquires $$250,000$ of Nicklaus, Inc., $9\%$ bonds at a price of $$231,986.$ The interest is payable each December $31,$ and the bonds mature December $31,2024.$ The investment will provide Novak Company a $12\%$ yield. The bonds are classified as held$-$for$-$collection.

$($a$)$

Prepare a $3-$year schedule of interest revenue and bond discount amortization. $($Round answers to $2$ decimal places, e$.$g$.2,512\mathrm{.}37.)$

Sate

Fill the boxes and do part b