Prepare the (3) The sssance of the bonds on june 30, 2017 (3) The sament of nterest and the amertaation of the premium on December 31, 2017 (a) The paymene of (4) The payment of interest and the amertiaton of the premum on December 31, 2018 Titles and Explanation (3) June 30, 2017 (3) Jane 30, 2018 Pb3 for the Sablity for bonds payable on the December 31 2018, belance sheet. (Round answers to 0 decimai places, e.g. 38 sa8) the tolowing questions (a) what amount of inberest espense is reported for 2018 (Round answer te o decimal places es 35,548) U-terest expense reported for 2038s (2) will the bond interest espense reported in 2018 be the same as, greater than, or less than the amount that would be reported id the straight-line method of amortiration wene used? The bond interest expense reported in 2018 wil be the amount that be reported f the straight-ine method of amortization were used (3) Determine the total cost of borrowing over the liMe of the band (Round answer te decimal Total cost of borrowing over the lite of the bond s (4) wil the total bond interest expense for the ife of the bond be greater thar, the same as, or less than the total nterest expense d the straight-ine method of amortizaton were used of the bond w the total interest e the straight- ine method of Prepare the (3) The sssance of the bonds on june 30, 2017 (3) The sament of nterest and the amertaation of the premium on December 31, 2017 (a) The paymene of (4) The payment of interest and the amertiaton of the premum on December 31, 2018 Titles and Explanation (3) June 30, 2017 (3) Jane 30, 2018 Pb3 for the Sablity for bonds payable on the December 31 2018, belance sheet. (Round answers to 0 decimai places, e.g. 38 sa8) the tolowing questions (a) what amount of inberest espense is reported for 2018 (Round answer te o decimal places es 35,548) U-terest expense reported for 2038s (2) will the bond interest espense reported in 2018 be the same as, greater than, or less than the amount that would be reported id the straight-line method of amortiration wene used? The bond interest expense reported in 2018 wil be the amount that be reported f the straight-ine method of amortization were used (3) Determine the total cost of borrowing over the liMe of the band (Round answer te decimal Total cost of borrowing over the lite of the bond s (4) wil the total bond interest expense for the ife of the bond be greater thar, the same as, or less than the total nterest expense d the straight-ine method of amortizaton were used of the bond w the total interest e the straight- ine method of
