Quatro Company issues bonds dated January 1, 2021, with a par value of $790,000. The bonds' annual contract rate is 9%, 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 $810,694. 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. Note: Round your intermediate calculations to the nearest dollar amount. Semiannual Interest Period-End Unamortized Carrying Value Premium 01/01/2021 $ 20,694 $ 810,694 06/30/2021 17,572 807,572 12/31/2021 14,325 804,325 06/30/2022 10,948 800,948 12/31/2022 7,436 797,436 06/30/2023 3,987 793,987 12/31/2023 0 790,000