Required information P10-10 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, Olive 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: Cash Interest Amortization $ 1,980 $1,792 Date January 1, Year 1 End of Year 1 End of Year 2 End of Year 3 End of Year 4 $ 188 Balance $ 44,799 44,611 44.415 203 1.768 44.000 P10-10 Part 5 5. How much cash will be disbursed for interest each period and in total over the life of the bonds? Cash disbursed per period Cash disbursed in total