Exercise 14-4 Straight-Line: Amortization of bond discount LO P2 Tano Company issues bonds with a par value of $83.000 on January 1, 2019. The bonds' annual contract rate is 10% 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 12%, and the bonds are sold for $78,922. 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-line amortization table for these bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Drenare a strainht-line amortization table for these boods Bound our intermediate calculations to the nearest dollar modif