On January 1 of this year, Anish Company issued a bond with a face value of $125,000 and a coupon rate of 8 percent. The bond matures in 3 years and pays interest every December 31. When the bond was issued, the annual market rate of interest was 9 percent. Anish uses the effective-interest amortization method. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answers to whole dollars.) Required: 1. Complete a bond amortization schedule for all three years of the bond's life. Date Jan. 01, Year 1 Cash Interest Interest Expense Amortization Book Value of Bond Dec. 31, Year 1 Dec. 31, Year 2 Dec. 31, Year 3 2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2? December 31 Interest expense Bonds payable Year 1 Year 2