Required information Exercise 10-6A (Algo) Two accounting cycles for bonds issued at face value LO 10-3 [The following information applies to the questions displayed below.] Doyle Company issued $350,000 of 10 -year, 7 percent bonds on January 1 , Year 2 . The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $60,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 2. xercise 10-6A (Algo) Part a equired . Organize the transaction data in accounts under the accounting equation for Year 2 and Year 3. ote: Enter any decreases to account balances with a minus sign. Not all cells in the "Account Titles for Retained Earnings" olumn may require an input - leave cells blank if there is no corresponding input needed. Effect of Events on the Accounting Equation Year 2 and Year 3 DOYLE COMPANY Income Statements For the Year Ended December 31 \begin{tabular}{|l|c||c||} \hline & Year 2 & Year 3 \\ \hline \hline & & \\ \hline & & \\ \hline \hline \end{tabular} DOYLE COMPANY Statement of Cash Flows For the Year Ended December 31