Problem 10-9A8 Effective Interest: Amortization of bond premium LO P6 Els company issues 9.6%. Ilve-year bonds dated January 1, 2019, with a $400.000 por volue. The bonds poy interest on June 30 and December 31 and are issued at a price of $124,347. The annual market rate is 8% on the issue doto. Required: 1. Compute the total bond interest expense over the bonds for 2. Prepare an effective Interest amortization table for the bonds life. 3. Prepare the Journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Required Required 2 Required Compute the total bond interest expense over the bands' life. Total banners expense over te of bonds Amount repaid payments of Par value at malunity Total repaid Los amount borrowed Total bond Interest expense Required 2 >

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