14-2 On 17/1/2017 Tano Issues semiannual interest, three year, bonds with a par value of $200,000. The bonds have a contract rate of 8% and the market rate at the date of issuance is 10%. The bonds are sold for $191,000. 1. What is the amount of the discount on the bonds at issuance? 2. How much bond interest expense will be recognized over the life of the bonds? 3. Prepare an amortization table like the one in Exhibit 14-7 for these bonds; use the straight line method to amortize the discount