Quarto company issues bonds dated January 1st 2021 with a par value of $900,000 the bonds annual contract rate is 10% and interest is paid semi annually on June 30th and December 31st the bonds mature in 3 years The annual market rate at the date of issue at the 8% and the bonds are sold for $947,165 how much total bond interest expense will be recognized over the life of this bond

Quatro Company issues bonds dated January 1,2021 , with a par value of $900,000. The bonds interest is paid semiannually on June 30 and December 31 . The bonds mature in three years. T issuance is 8%, and the bonds are sold for $947,165. 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare a straight-line amortization table for these bonds. Complete this question by entering your answers in the tabs below. How much total bond interest expense will be recognized over the life of these bonds