On January 1 of this year, Houston Company issued a bond with a face value of $10,000 and a coupon rate of 5 percent. The bond matures in three years and pays interest every December 31 . When the bond was issued, the annual market rate of interest was 4 percent. Houston uses the effective-interest amortization method. (FV of $1, PV of $1, FVA of \$1, and PVA of $11 Note: Use appropriate factor(s) from the tables provided. Required: 1. Complete a bond amortization schedule for all three years of the bond's life. 2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2 ? Complete this question by entering your answers in the tabs below. Complete a bond amortization schedule for all three years of the bond's life. Note: Enter all values as positive values. Round your intermediate calculations and final answers to whole dollars. On January 1 of this year, Houston Company issued a bond with a face value of $10,000 and a coupon rate of 5 percent. The bond matures in three years and pays interest every December 31 . When the bond was issued, the annual market rate of interest was 4 percent. Houston uses the effective-interest amortization method, (FV of \$1, PV of \$1, FVA of \$1, and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. Required: 1. Complete a bond amortization schedule for all three years of the bond's life. 2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2 ? Complete this question by entering your answers in the tabs below. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2 ? Note: Round your intermediate calculations and final answers to whole dollars