Culver Company issued $ 400,000 of 9%, 10-year bonds at 103. Interest is paid annually, and the straight-line method is used for amortization. Assume that the market rate for similar investments is 7%. The bonds are issued on the date of the bonds. What amount was received for the bonds? Amount received $ enter amount received in dollars How much interest is paid each interest period? Interest period $ enter interest period in dollars What is the premium amortization for the first interest period? Premium amortization $ enter premium amortization in dollars How much interest expense is recorded on the first interest date? Interest expense $ enter interest expense in dollars What is the carrying value of the bonds after the first interest date? Carrying value $ enter carrying value in dollars