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JAMB But Help Exit 2 0.56/15 points awarded Scored Tahoe Tent Ltd. issued bonds with a par value of $804,000 on January 1, 2020. The

JAMB But Help Exit 2 0.56/15 points awarded Scored Tahoe Tent Ltd. issued bonds with a par value of $804,000 on January 1, 2020. The annual contract rate on the bonds was 14.00% and the interest is paid semiannually. The bonds mature after three years. The annual market interest rate at the date of issuance was 12.00%, and the bonds were sold for $843,535 a. What is the amount of the original premium on these bonds? (Use financial calculator for calculating PV's. Round the final answer to the nearest whole dollar.) Premium $ 39,535 b. How much total bond interest expense will be recognized over the life of these bonds? (Do not round intermediate calculations Round the final answer to the nearest whole dollar.) Total interest expense c. Present an amortization table for these bonds; use the effective interest method of allocating the interest and amortizing the Enter all the amounts es 0.56/15 points awarded Scored c. Present an amortization table for these bonds; use the effective interest method of allocating the interest and amortizing the premium. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts es positive values.) 2 000000 Period Ending Cash Interest Paid Period Interest Premium Amort. Unamortized Premium Carrying Value Expense Jan 1/20 June 30/20 Dec. 31/20 0 June 30/21 Dec. 31/21 June 30/22 Dec 31/22 Totals S 0 000000 000000 000000 0 is 0 0 0

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