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 $370,000 of 10 -year, 8 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 $54,500 of cash revenue, which was collected on December 31 of each year, beginning December 31 , Year 2. Exercise 10-6A (Algo) Part b b. Prepare the income statement, balance sheet, and statement of cash flows for Year 2 and Year 3. Required information Complete this question by entering your answers in the tabs below. Prepare the income statement for Year 2 and Year 3. Balance Sheet As of December 31 Year 2 Year 3 Assets DOYLE COMPANY Statement of Cash Flows For the Year Ended December 31 Required information