Enviro company issues $11\%10$ year bonds. Par value of $310,000.$ Annual market rate for bonds is $8\%,$ which implies a selling price of $124\mathrm{.}875$

$1.$What are the issuers cash proceeds

$2.$ What total smount of bond interest expense will be recognized over the life of these bonds?

$3.$ What is total amount of bond interest expense recorded on the first interest payment date?