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Assessment Tool iFrame stion by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the amount of the
Assessment Tool iFrame stion 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 $ 11,989 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much total bond interest expense will be recognized over the life of these bonds? Total Bond Interest Expense Over Life of Bonds: Amount repaid: 6 payments of $ 12,200 $ 73,200 Par value at maturity 244,000 Total repaid 317,200 Less amount borrowed 232,011 Total bond interest expense $ 85,189 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an effective interest amortization table for these bonds. Note: Round all amounts to the nearest whole dollar. Semiannual Interest Period-End Cash Interest Bond Interest Paid Expense Discount Amortization Unamortized Discount Carrying Value 01/01/2021 $ 11,989 $ 232,011 06/30/2021 $ 12,200 12/31/2021 12,200 06/30/2022 12,200 12/31/2022 12,200 06/30/2023 12,200 12/31/2023 12,200 12,200 0 Total $ 73,200 $ 85,189 $ 11,989
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