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Exerclse 14-9 (Algol Stralght-LIne: Amortization of bond premium LOP3 Quatro Company Issues bonds dated January 1, 2021, with a par value of $760,000. The bonds'

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Exerclse 14-9 (Algol Stralght-LIne: Amortization of bond premium LOP3 Quatro Company Issues bonds dated January 1, 2021, with a par value of $760,000. The bonds' annual contrad rate is 10\%, and Interest is pald semlannualyy on June 30 and December 33 . The bonds mature in three years. The annual market rate at the date of Issuance is 8%, and the bonds are sold for $799,828. 1. What is the amount of the premlum on these bonds at issuance? 2. How much total bond Interest expense will be recognized over the lfe of these bonds? 3. Prepare a stralght-1lne amortization table for these bonds. Complete this question by entering your answers in the tabs below. What is the amount of the premium on these bonds at issuance? Exercke 14-9 (Akgol Strakght-Line: Amortization of bond premium LO P3 Quatro Company Issues bonds dated January 1, 2021, With a par value of $760,000. The bonds' annual contr ad rate is 10\%, and Interest is pald semlannually on June 30 and December 31 . The bonds mature in three years. The annual market rate at the date of Issuance is 8%, and the bonds are sold for $799,828. 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the lfe of these bonds? 3. Prepare a stralght-line amortzation table for these bonds. Complete this question by entering your answers in the tabs below. How much total bond interest expense will be recognized over the life of these bonds? Exercke 14-9 (Algol Strakght-Line: Amortization of bond premlum LO P3 Quatro Company Issues bonds dated January 1, 2021, with a par value of $760,000. The bonds' annual contrad rate is 10\%, and Interest is pald semlannualy on June 30 and December 31 . The bonds mature in three years. The annual market rate at the date of Issuance is 8%, and the bonds are sold for $799,828. 1. What is the amount of the premlum on these bonds at issuance? 2. How much total bond Interest expense will be recognized over the lffe of these bonds? 3. Prepare a stralght-line amortzation table for these bonds. Complete this question by entering your answers in the tabs below. Prepare a straight-line amortization table for these bonds. (Round your intermediate calculations to the nearest dollar amount.)

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