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Quatro Co. issues bonds dated January 1, 2019, with a par value of $860,000. The bonds' annual contract rate is 10%, and interest is paid

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Quatro Co. issues bonds dated January 1, 2019, with a par value of $860,000. The bonds' annual contract rate is 10%, 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 8%, and the bonds are sold for $905,068 paints 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 Prepare a straight-line amortization table for these bonds. (Round your intermediate calculations to the nearest dollar wount) Carrying Value $ 906,068 Semiannual interest Unamortired Period End Premium 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020 0630/2021 12/31/2021 897,557 890,046

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