4 Exercise 10-138 Effective Interest: Amortization of bond discount LO P5 Stanford issues bonds dated January 1, 2017, with a par value of $246,000. The bonds' annual contract rate is 8%, 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 $233,510. points 1. What is the amount of the discount on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table using the effective interest method to amortize the discount for these bonds. eBook Hint Complete this question by entering your answers in the tabs below. Print Required Required Required 2 O What is the amount of the discount on these bonds at issuance? References Discoun Required 1 Required 2 >