Mo's Motor Corp. issued $200,000 of 4.0%, 5-year bonds on April 1, 2017. Interest is payable semi-annually on April 1 and October 1. On April 1, 2019, immediately after making and recording the semi-annual interest payment, Mo's redeemed the bonds. Below is a partial amortization schedule for the first few years of the bond issue.

Mo's Motor Corp.

Bond Discount Amortization ScheduleInterest PeriodInterest

PaymentInterest

ExpenseAmortizationBond

Amortized

Cost 01-Apr.2017 $191,247.94 01-Oct.2017 $4,000.00 $4,781.20 $781.20 192,029.14 01-Apr.2018 $4,000.00 $4,800.73 $800.73 192,829.87 01-Oct.2018 $4,000.00 $4,820.75 $820.75 193,650.62 01-Apr.2019 $4,000.00 $4,841.27 $841.27 194,491.89

Were the bonds issued at a discount or at a premium?

What is the bond's face value?

What will be the bond's amortized cost at the maturity date?

Prepare the journal entry to record the payment of interest on Oct 1, 2017?

Prepare the journal entry to record the redemption of the bonds assuming they were redeemed at 100.

Prepare the journal entry to record the redemption of the bonds assuming they were redeemed at 96.