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nment Show the proper balance on the 31, 2018, Provide the answers to the following questions. (1) What amount of interest expense is reported for

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nment Show the proper balance on the 31, 2018, Provide the answers to the following questions. (1) What amount of interest expense is reported for 20187 (Round answer to 0 decimal places, e.g. 38,548) Interest expense reported for 2018 (2) Will the bond interest expense reported The bond interest expense reported in 2018 will be in 2018 be the same as, greater than, or less than the amount that would be reported If the straight-line method of amortization were the amount that would be reported if the straight-line method of amortization were used. (3) Determine the total cost of borrowing over the life of the bond. (Round answer to o decimal places, e.q.38,548) Total cost of borrowing over the life of the bond (4) Will the total bond interest expense for the life of the bond be greater than, the same as, or less than the total interest expense if the The total bond interest expense for the life of the bond will be Click if you would lke to Show srork for this question: Qpen Show Work the total interest expense if the straight-line method of amortization were used

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