Exercise 9-82 (Algorithmic) Completing a Bond Amortization Table (Effective Interest Rate Method) MacBride Enterprises sold $150,000 of bonds on January 1, 2020. A portion of the amortization table appears below. Cash Payment (Credit) Interest Expense (Debit) Premium on Bonds Payable (Debit) Premium on Bonds Payable Balance Period Carrying Value At issue $5,378 $155,378 6/30/20 $3,884 $616 4,762 154,762 $4,500 4,500 12/31/20 0 3,869 4,131 154,131 6/30/21 4,500 3,853 647 3,484 153,484 12/31/21 Required: 1. Indicate the stated annual interest rate on these bonds. % 2. Calculate the effective annual interest rate on these bonds (rounded to the nearest 0.1%). 3. Determine the interest expense and premium amortization for the interest period ending December 31, 2021. If required, round your answers to the nearest whole dollar. Cash Payment (Credit) Interest Expense (Debit) Premium on Bonds Payable (Debit) Premium on Bonds Payable Balance Period Carrying Value At issue $5,378 $155,378 6/30/20 $4,500 $3,884 $616 4,762 154,762 12/31/20 3,869 631 4,131 154,131 4,500 4,500 6/30/21 3,853 647 3,484 153,484 12/31/21 4. Determine when the bonds will mature