On January 1, 2020, Pina Colada Corp. acquires $310,000 of Spider Products Inc. 9% bonds at a price of $294,849. The interest is payable each December 31, and the bonds mature on December 31, 2022. The investment will provide Pina Colada Corp. with a 11% yield. Pina Colada Corp. applies IFRS and accounts for this investment using the amortized cost model Prepare a three-year bond amortization schedule. (Round answers to O decimal places, eg. 5.275) Schedule of Interest Income and Bond Discount Amortization Effective Interest Method Date 01/01/20 Cash Received Interest Income Bond Discount Amortization 12/31/20 $ $ $ 12/31/21 12/31/22 Carrying Amou of Bonds $