Requlred Information

P$10-10($Algo$)$ Preparing a Bond Amortization Schedule for a Bond lssued at a Premium L$010-5$

$[$The following information applies to the questions displayed below.$]$

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:

P$10-10$ Part $2$

When the bonds mature at the end of Year $4,$ what amount of principal will Olive pay investors?