Completing Schedule Comparing Bonds Issued at Par, at a Discount, and at a Premium (P10-3) On January 1 of this year, Bidden Corporation sold bonds with a face value of $100,000 and a coupon rate of 10 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31. Bidden uses the effective-interest amortization method. Ignore any tax effects. Each case is independent of the other cases. Required: Complete the following table. The interest rates provided next to each case are the annual market rate of interest on the date the bonds were issued. Case A: Sold at par (10%) Interest expense for the year Net liability on balance sheet Case B: Sold at a discount (12%) Interest expense for the year Net liability on balance sheet Case C: Sold at a premium (8%) Interest expense for the year Net liability on balance sheet At End of Year 1 At End of Year 2 At End of Year 3