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1 Quatro Co. issues bonds dated January 1, 2020, with a par value of $850,000. The bonds' annual contract rate is 12%, and Interest is

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1 Quatro Co. issues bonds dated January 1, 2020, with a par value of $850,000. The bonds' annual contract rate is 12%, and Interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 10%, and the bonds are sold for $893,131. 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond Interest expense will be recognized over the life of these bonds? 3. Prepare a straight-line amortization toble for these bonds. 00:19:45 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the amount of the premium on these bonds at issuance? Premium Required 2 >

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