On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31. The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below pertains to the bonds:

Date Cash Interest Amortization Balance January 1, Year 1 54,860 5,562 5,376 54,674 End of Year 1 186 End of Year 2 54,470 End of Year 3 224 End of Year 4 5,316 54,000 value 10.00 points Required: 1. Complete the amortization schedule. (Enter all your values in positive. Round your final answers to nearest whole dollar amount.) Cash Date Interest Amortization Balance January 1, Year 1 54,860 End of Year 1 5,562 186 5,376 54,674 End of Year 2 54,470 End of Year 3 224 End of Year 4 5,316 54,000 Required information