DELULUI-CUN&URLOrowser=0&launchUrlhttps%253A% Fblackboard, american.edu/%252Fwebapp252 HW Problems Saved Help Save Exit Check E10-15 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at - Premium and Determining Reported Amounts LO10-5 On January 1 of this year, Houston Company issued a bond with a face value of $14,500 and a coupon rate of 5 percent. The bond matures in 3 years and pays interest every December 31. When the bond was issued, the annual market rate of interest was 4 percent. Houston uses the effective-interest amortization method. (FV of $1. PV of $1. FVA of S1, and PVA of $11 (Use the appropriate factor(s) from the tables provided. Round your final answers to whole dollars.) Required: 1. Complete a bond amortization schedule for all three years of the bond's life. (Enter all values as positive values.) 5 Date Cash Interest Interest Expense Amortization Book Value of Bond Jan. 01, Year 1 Dec 31, Year 1 Dec. 31. Year 2 Dec. 31. Year 3 2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2?