Quatro Co. issues bonds dated January 1, 2019, with a par value of $840,000. The bonds' annual contract rate is 13%, 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

12%, and the bonds are sold for $860,685.

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.

Ch 10 Homework 0 Save te Sub Check my w 5 Exercise 10-9 Straight-Line: Amortization of bond premium Lo P3 0.62 Quatro Coisas bonds dated January 2018, with a per value of $40.000. The bonds annual contract atest, and interestis pel semily on June 30 and December 1 The bonds mature in the years. The annual market rate tre date of issuance 27%, and the bonds are sold for $160,685 1. What is the amount of the premium on these bonds at isance? 2. How much total band interest expense will be recoged over the life of these bonds? 2. Prepare a fine motion table for these bonds Teo Complete this question by entering your answers in the tabs below. . Required feed What is the amount of the premium on these bonds at isance Pro