Exercise 3-Another look at a bond amortization schedule: Saul Goodman Inc. issued bonds, for which the CFO created an amortization schedule. Alas, in an encounter with a couple of thugs, a few items in the amortization schedule went missing. The CEO of the company, Saul, needs your help in reconstructing the amortization schedule below: Date Cash Interest Amortization Discount/ Premium Net book value of the 01/01/2016 Balance bond $37,290 Payment expense 12/31/2016 $2,000 $2,610? 12/31/2017S2,000? 12/31/2018? 12/31/2019? $40,000 Required: (a) Was the bond issued at a discount, premium, or par? Explain (b) What was the discount/premium balance on January 1, 2016? (c) What is the face value of the bonds? (d) Based on your answer to (c) and additional information in (e) What was the market interest rate used in creating the (f) Fill out the missing values. Round all values to the (g) Provide all the journal entries Saul Goodman Inc. recorded the table, what is the coupon rate? amortization schedule? Round to the nearest percent. nearest dollar. in 2016