points On Dec 31, 2020, ABC Corp issued 4 year, 7% bonds with $1,000,000 as par value. ABC Corp. received $1,120,000 in cash. The bond interest is poid semiannually on June 30 and December 31 overy year. Compute the following: Total bonds premium. Interest paid in cash semiannually. The Semiannual amortization amount of the bond premium. Total bonds interest expense over the 4 years.