Exercise 14-4 (Static) Straight-Line: Amortization of bond discount LO P2 Tano Company issues bonds with a par value of $180,000 on January 1,2021 . The bonds' annual contract rate is 8%, 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 10%, and the bonds are sold for $170,862. 1. What is the amount of the discount on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare a straight-fine amortization table for these bonds: Complete this question by entering your answers in the tabs below. What is the amount of the discount on these bonds at issuance