7 Quatro Co. Issues bonds dated January 1, 2018, with a par value of $890,000. 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 $935/60. 10 points 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 an amortization table for these bonds; use the straight-line method to amortize the premium eBook Complete this question by entering your answers in the tabs below Required Required Required How much total bond interest expense will be recognized over the life of these bonds? Print Total Bond Interest Expense Over Life of Bonds Reference Amount repaid: of Par value at maturity Total repaid Less amount borrowed Total bond interest expense Required 1 Required 3 7 Quatro Co. issues bonds dated January 1, 2018, with a par value of $890,000. 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 $935160. 10 points 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recogn zed over the life of these bonds? 3. Prepare an amortization table for these bonds; use the straight-line method to amortize the premium. eBook Complete this quesion by entering your answers in the tabs below Hint Required Required Required Prepare an amortization table for these bonds; use the straight-line method to amortize the premium. (Round your intermediate calculations to the nearest dollar amount.) Print Unamortized Carrying Reference st Period-Premium End 01/01/2018 06/30/2018 12/31/2018 06/30/2019 12/31/2019 06/30/2020 12/31/2020 Required 2 Required3 5 Tano issues bonds with a par value of $91,000 on January 1, 2018. 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 12%, and the bonds are sold for $84,291. 10 points 1. What is the amount of the discount on these bonds at Issuance? 2. How much total bond interest expense will be recogn zed over the life of these bonds? 3. Prepare an amortization table using the straight-line method to amortize the discount for these bonds. eBook Complete this quesion by entering your answers in the tabs below Hint Required Required Required Prepare an amortization table using the straight-line method to amortize the discount for these bonds. (Round your intermediate calculations to the nearest dollar amount Print ReferenCe 01/01/2018 06V30/2018 12/31/2018 06V30/2019 12/31/2019 06/30/2020 12/31/2020 Required 2 Required3 6 Dobbs company issues 6%, two-year bonds, on December 31, 2018, with a par value of $99,000 and semiannual nterest payments. 10 Semiannual PeriodUnamortized points End Value (0) 12/31/2018 (1) 6/30/2019 (2) 12/31/2019 (3) 6/30/2020 (4) 12/31/2020 5,980 4,485 2,990 1,495 $93,020 94,515 96,010 97,505 99,000 eBook Hint Use the above straight-line bond amortization table and prepare journal entries for the following. Print Required: a) The issuance of bonds on December 31, 2018. b) The first through fourth Interest payments on each June 30 and December 31 (cThe maturity of the bonds on December 31, 2020. Complete this quesion by entering your answers in the tabs below RequiredRequired Required The issuance of bonds on December 31, 2018. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $99,000 on December 31, 2018 Note: Enter debits before credits. Dec 31 2018 Record entry View general journal Clear entry Required A Required B> 6 Dobbs company issues 6%, two-year bonds, on December 31, 2018, with a par value of $99,000 and semiannual nterest payments. 10 Unamortized Semiannual Period- points End Value (0)12/31/2018 (1) 6/30/2019 (2) 12/31/2019 (3) 6/30/2020 (4) 12/31/2020 $5,980 4,485 2,990 1,495 $93,020 94,515 96,010 97,505 99,000 eBook Hint Use the above straight-line bond amortization table and prepare journal entries for the following. Print Required: a) The issuance of bonds on December 31, 2018. b) The first through fourth Interest payments on each June 30 and December 31 (c) The maturity of the bonds on December 31, 2020. Complete this quesion by entering your answers in the tabs below Required Required Required The first through fourth interest payments on each June 30 and December 31 View transaction list Journal entry worksheet Record the interest payment and amortization on June 30, 2019 Note: Enter debits before credits Jun 30, 2019 Record entry View general journal Clear entry Required A Required C > 6 Dobbs company issues 6%, two-year bonds, on December 31, 2018, with a par value of $99,000 and semiannual nterest payments. 10 Semiannual PeriodUnamortized points End Value (0)12/31/2018 (1) 6/30/2019 (2) 12/31/2019 (3) 6/30/2020 (4) 12/31/2020 5,980 ,485 $93,020 94,515 96,010 97,505 99,000 2,990 1,495 eBook Hint Use the above straight-line bond amortization table and prepare journal entries for the following. Print Required: a) The issuance of bonds on December 31, 2018. b) The first through fourth Interest payments on each June 30 and December 31 (c) The maturity of the bonds on December 31, 2020. Complete this quesion by entering your answers in the tabs below Required Required Required Record the maturity of the bonds on December 31, 2020 View transaction list Journal entry worksheet Record the payment on maturity on December 31, 2020 Note: Enter debits before credits Dec 31 2020 Record entry View general journal Clear entry Required B Requiredc 7 Quatro Co. Issues bonds dated January 1, 2018, with a par value of $890,000. 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 S935160. 10 points 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 an amortization table for these bonds; use the straight-line method to amortize the premium Complete this question by entering your answers in the tabs below Required Required Required What is the amount of the premium on these bonds at issuance? Print ReferenCe Required 1 Required 2 > 5 Tano issues bonds with a par value of $91,000 on January 1, 2018. 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 12%, and the bonds are sold for $84,291. 10 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 straight-line method to amortize the discount for these bonds. eBook Complete this question by entering your answers in the tabs below Required Required Required What is the amount of the discount on these bonds at issuance? Print Reference Required 1 Required 2> 5 Tano issues bonds with a par value of $91,000 on January 1, 2018. The bonds' annual contract rate is 9%, and interest paid semiannually on June 30 and December 31. The bonds mature In three years. The annual market rate at the date of issuance is 12%, and the bonds are sold for $84,291. 10 points 1. What is the amount of the discount on these bonds at Issuance? 2. How much total bond interest expense will be recogn zed over the life of these bonds? 3. Prepare an amortization table using the straight-line method to amortize the discount for these bonds. eBook Complete this quesion by entering your answers in the tabs below Hint Required Required Required How much total bond interest expense will be recognized over the life of these bonds? Print Reference Amount of Par value at Total repaid Less amount borrowed Total bond interest e Required 1 Required 3>