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On January 1, Year 1, Parker Company issued bonds with a face value of $56,000, a stated rate of interest of 14 percent, and a five-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 16 percent at the time the bonds were issued. The bonds sold for $52,333. Parker used the effective interest rate method to amortize the bond discount. Required a. Prepare an amortization table. b. What item(s) in the table would appear on the Year 4 balance sheet? c. What item(s) in the table would appear on the Year 4 income statement? d. What item(s) in the table would appear on the Year 4 statement of cash flows? Prepare an amortization table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Date Cash Payment Interest Expense Discount Amortization Carrying Value 52,333 52,866 7,840 8,373 533 January 1, Year 1 December 31, Year 1 December 31, Year 2 December 31, Year 3 December 31, Year 4 December 31, Year 5 Totals 7,840 8,373 533 b. What item(s) in the table would appear on the Year 4 balance sheet? c. What item(s) in the table would appear on the Year 4 income statement? d. What item(s) in the table would appear on the Year 4 statement of cash flows? (Round your intermediate calculations and final answers to the nearest whole dollar amount.) b. Carrying value c. Interest expense d. Cash outflow for interest