E10-15 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium and Determining Reported Amounts LO10-5 On January 1 of this year, Houston Company issued a bond with a face value of $16,000 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. EVA of $1, and PVA of $1 (Use the appropriate factor(s) from the tables provided. Round your final answers to whole dollars.) Book Required: 1. Complete a bond amortization schedule for all three years of the bond's life. (Enter all values as positive values.) References Date Cash Interest Interest Expense Amortization Book Value of Bond F | Jan. 01. Your Dec 31, Year 1 Dec 31, Year 2 Doo 31. Years 2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2