et 10 - Homework 6 Seved Help Save & Exit Submit Check my work 3 On January 1 of this year, Ikuta Company issued a bond with a face value of $120,000 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 6 percent. Ikuta uses the effective interest amortization method. (FV of $1. PV of 51. EVA of $1. and PVA S11 (Use the appropriate factor(s) from the tables provided. Round your answers to whole dollars.) Required: 1. Complete a bond amortization schedule for all three years of the bond's life Cash Interest Expense Amortization took Vale of Bond Date Jan. 01. Years Dec. 31 Year Dec. 31. Year 2 Decay, Year 2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and 27 December 31 Interesten Bonda payat MacBook Pro Q Search or type URL * 5 & 7 - 0 4 6 8 9 delete R T Y 1 o 11 F G H J L retur