On January 1, 2016, Parker Company issued bonds with a face value of $60,000, a stated rate of interest of 9 percent, and a five-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 11 percent at the time the bonds were issued. The bonds sold for $55,565. Parker used the effective interest rate method to amortize the bond discount. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)

Required

a.	Prepare an amortization table. Date Cash Payment Interest Expense Discount Amortization Carrying Value January 1, 2016 55,565 December 31, 2016 5,400 6,112 712 56,277 December 31, 2017 December 31, 2018 December 31, 2019 December 31, 2020 Totals 5,400 6,112 712

b.	What is the carrying value that would appear on the 2019 balance sheet?

c.	What is the interest expense that would appear on the 2019 income statement?

d.	What is the amount of cash outflow for interest that would appear in the operating activities section of the 2019 statement of cash flows?