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 January 1, Year 1 Balance $ 42,734 End of Year 1 $ 2,562 End of Year 2 ? $ 2,393 ? $ 169 ? 42,565 42,387 End of Year 3 End of Year 4 P 188 ? P 2,363 ? 42,000 2. When the bonds mature at the end of Year 4, what amount of principal will Olive pay investors? Principal amount 3. How much cash was received on the day the bonds were issued (sold)? Cash received 4. Were the bonds issued at a premium or'a discount? If so, what was the amount of the premium or discount? 5. How much cash will be disbursed for interest each period and in total over the life of the bonds? Cash disbursed per period Cash disbursed in total 6. What is the coupon rate? (Enter your answer as a percentage rounded to 1 decimal place (i.e. 0.123 should be entered as 12.3).) Coupon Rate %