3 Exercise 10-9 Straight-Line: Amortization of bond premium LO P3 2 points X 02:44:14 Quatro Co. issues bonds dated January 1, 2019, with a par value of $750,000. The bonds' annual contract rate is 9%, 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 8%, and the bonds are sold for $769.646. 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 table for these bonds. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Print What is the amount of the premium on these bonds at issuance? Premium References