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Quatro Co. issues bonds dated January 1, 2019, with a par value of $730,000. The bonds' annual contract rate is 12%, and interest is paid

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Quatro Co. issues bonds dated January 1, 2019, with a par value of $730,000. The bonds' annual contract rate is 12%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 10%, and the bonds are sold for $767,042. 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. Required 1 Required 2 Required 3 What is the amount of the premium on these bonds at issuance? Premium Required 1 Required 2 Required 3 How much total bond interest expense will be recognized over the life of the Total Bond Interest Expense Over Life of Bonds: Amount repaid: payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense Required 1 Required 2 Required 3 Prepare a straight-line amortization table for these bor amount.) Semiannual Interest Period-End Unamortized Premium Carrying Value 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020 06/30/2021 12/31/2021 W.E TUDE a can option that requires Aloha to pay $224,400 for its outstanding bonds that have a carrying value of 5228,200 and par value of $220,000. The company exercises the call option after the semiannual interest is paid the day before on June 30. Record the entry to retire the bonds. View transaction list Journal entry worksheet Record the retirement of bonds before maturity. Note: Enter debits before credits Date General Journal D ebit Credit July 01

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