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5 Required information The following information applies to the questions displayed below.] Legacy issues $730,000 of 70%, four-year bonds dated January 1, 2018, that pay

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5 Required information The following information applies to the questions displayed below.] Legacy issues $730,000 of 70%, four-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. They are issued at $659,199, and their market rate is 10% at the issue date. 2. Determine the total bond interest expense to be recognized over the bonds' life. Total bond interest expense over life of bonds: Amount repaid: payments of Par value at maturity Total repaid Loss amount borrowed Total bond interest expense Required information The following information applies to the questions displayed below) Legacy issues $730,000 of 7.0%, four-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. They are issued at $659,199, and their market rate is 10% at the issue date. 3. Prepare a straight-line amortization table for the bonds' first two years. (Round your answers to the nearest whole dollar amount. Carrying Value Semiannual Interest Unamortized Period-End Discount 01/01/2018 06/30/2018 12/31/2018 06/30/2019 12/31/2019

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