The following information applies to the questions displayed below.j 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 Balance $69,252 68,955 68,647 January 1, Year 1 End of Year 1 End of Year 2 End of Year 3 End of Year 4 $2,652 $ 2,355 $297 318 2,323 68,000 4. Were the bonds issued at a premium or a discount? If so, what was the amount of the premium or discount