EI Conquistador, Inc., finances operations with both bonds and stock. Suppose EI Conquistador issued $500,000 of 10-year, 8% bonds payable under various market conditions. Match each market interest rate with the appropriate bond price, as follows. The three possible bond prices are $467,000; $500,000; and $536,000. EI Conquistador pays annual interest each December 31. After determining the respective bond prices, make the following journal entries for the bond discount situation (explanations are not required): How much total interest expense will EI Conquistador have during the 10-year life of these bonds