Balvenie Distillery issues bonds with a par value of $95.000 on January 1 2017. 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 $90177 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 amortire the discount for these bonds Complete this question by entering your answers in the tabs below Required: Required 2 Required 3 What is the amount of the discount on these bonds at issuance! Discounts 123 Required ) DELL DFG MUK LULUGU Balvenie Distillery issues bonds with a par value of $95,000 on January 1, 2017. 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 $90,177. 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. 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? S Total Bond Interest Expense Over Life of Bonds: Amount repaid payments of 3,800 Par value at maturity Totalrepaid Les amount borrowed Total bond interest pense 5 22,800 95.000 117.800 90.177 27 523 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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.) Carrying Value Semiannual Period. Unamortized End Discount 01/01/2017 $ 4,823 06/30/2017 12/31/2017 06/30/2018 12/31/2018 06/30/2019 12/31/2019