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On January 1 of this year, Ikuta Company issued a bond with a face value of $100,000 and a coupon rate of percent. The bor

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On January 1 of this year, Ikuta Company issued a bond with a face value of $100,000 and a coupon rate of percent. The bor matures in three years and pays interest every December 31. When the bond was issued, the annual market terest percent. Ikuta uses the effective-interest amortization method. (EV. of $1. PV of $1. FVA 51. and PVA se the app 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 Cash Interest Interest Expense Jan. 01. Year 1 Dec. 31. Year 1 ec. 1, Year 2 ec. 31, Year 3 Amortization Book Value of Bond $ 97.327 $ 840 $ 98.167 $ 890 $ 97.277 $ 5,000 5,000 5,02 S 5,840 5,890 $ $ hat amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2? Year 1 Year 2 December 31 st expense payable On January 1 of this year, Ikuta Company issued a bond with a face value of $100,000 and a coupon rate of percent. The bor matures in three years and pays interest every December 31. When the bond was issued, the annual market terest percent. Ikuta uses the effective-interest amortization method. (EV. of $1. PV of $1. FVA 51. and PVA se the app 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 Cash Interest Interest Expense Jan. 01. Year 1 Dec. 31. Year 1 ec. 1, Year 2 ec. 31, Year 3 Amortization Book Value of Bond $ 97.327 $ 840 $ 98.167 $ 890 $ 97.277 $ 5,000 5,000 5,02 S 5,840 5,890 $ $ hat amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2? Year 1 Year 2 December 31 st expense payable

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