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Tano Company issues bonds with a par value of $85,000 on January 1, 2019. 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 $80,684. 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 a straight-line amortization table for these bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the amount of the discount on these bonds at issuance? Discount Required 2 > New pay stay on June and December The bondsve they are in toan Cable Table 3.2. Tobe and Table toden places, and we the rounded table values in wwwww en ny Conny 3 Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $35,000 par value and an annual contract rate of 10% and they mature in 10 years (Table B.1. Table B2 Table 83 and Table 8.4) (Use appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations.) Required: Consider each separate situation. 1. The market rate at the date of issuance is 8% (a) Complete the below table to determine the bonds'issue price on January 1 bi Prepare the journal entry to record their issuance. 2. The market rate at the date of issuance is 10% (a) Complete the be on table to determine the bonds issue price on January 1 (b) Prepare the journal entry to record their issuance 3. The market rate at the date of issuance is 12% (a) Complete the below table to determine the ynds Issue price on January 1 b) Prepare the journal entry to record their issue. pe