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Quatro Company Issues bonds dated January 1 , 2 0 2 1 , with a par value of $ 7 1 0 , 0 0

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Quatro Company Issues bonds dated January 1,2021, with a par value of $710,000. The bonds' annual contract rate
is 9%, and interest is pald semlannually 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 $728,598.
What is the amount of the premium on these bonds at issuance?
How much total bond interest expense will be recognized over the life of these bonds?
Prepare a straight-line amortization table for these bonds.
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How much total bond interest expense will be recognized over the life of these bonds?
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