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

Answer is complete but not entirely correct. a. $ 62,525 X Premium > Gray Co. issued $61,000 of 6 percent bonds at 102 1/2 Bush, Inc. issued $98,000 of 10-year, 6 percent bonds at 98 1/2. b. $ 96,530 X Discount $ x Premium 195,840 >> C. Oak, Inc. issued $192,000 of 20-year, 6 percent bonds at 102. d. Willow Co. issued $114,000 of 15-year, 7 percent bonds at 94. x Discount > 107,160