Exercise 10-13A Determining the amount of bond premiums and discounts LO 10-4, 10-5

Required

For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round your intermediate calculations.)

a.	Gray Co. issued $56,000 of 6 percent bonds at 102 1/2
b.	Bush, Inc., issued $88,000 of 10-year, 6 percent bonds at 97 1/2.
c.	Oak, Inc., issued $191,000 of 20-year, 6 percent bonds at 102.
d.	Willow Co. issued $172,000 of 15-year, 7 percent bonds at 97.