Question: PLEASE ANSWER THE FULL THING On January 1 , Year 1 , Hart Company issued bonds with a face value of $ 1 1 7

PLEASE ANSWER THE FULL THING
On January 1, Year 1, Hart Company issued bonds with a face value of $117,000, a stated rate of interest of 10 percent, and a five-year
term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 9 percent at the time the
bonds were issued. The bonds sold for $121,551. Hart used the effective interest rate method to amortize the bond premium.
Note: Round your intermediate calculations and final answers to the nearest whole number.
Required:
a. Prepare an amortization table.
b. What is the carrying value that would appear on the Year 4 balance sheet?
c. What is the interest expense that would appear on the Year 4 income statement?
d. What is the amount of cash outflow for interest that would appear in the operating activities section of the Year 4 statement of cash
flows?
b. Carrying value on the Year 4
c. Interest expense for Year 4
d. Cash outflow for interest in Year 4
 PLEASE ANSWER THE FULL THING On January 1, Year 1, Hart

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