Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below.] On January 1 of this year, Qlive Corporation issued bonds. Interest is payable once a year on December 31. The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below pertains to the bonds: Date Cash Interest Amortization Balance January 1, Year 1 % 34,563 End of Year 1 $ 2,890 % 2,765 $125 34,438 End of Year 2 ? S ? 34,383 End of Year 3 ? ? 146 ? End of Year 4 ? 2,733 ? 34,600 T P10-10 Part 3 3. How much cash was received on the day the bonds were issued (sold)? Comrsooed T