Check my work Quatro Co. issues bonds dated January 1, 2017, with a par value of $700,000. The bonds' annual contract rate is 13%, 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 $717,237 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 using the effective interest method to amortize the premium. Pieyoare an amontizabthese bonds using the e Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 What is the amount of the premium on these bonds at issuance? remium Required 2 yi So u. the Prey 5 of 5 l