Question Content Area Bonds Issued at a Premium (Effective Interest) Haley Industries issued $80,000 of 9%, 7-year bonds on January 1, 2024, with a $4,165 premium. Interest is paid annually on December 31. The market rate of interest is 8%. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answer in the question below. Open spreadsheet Required: Prepare the amortization table using the effective interest rate method. Round interest expense to a dollar and round final year interest expense amount to complete the amortization.