Quatro Company issues bonds dated January 1,2021 , with a par value of $760,000. 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 $799,828. 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. Prepare a straight-line amortization table for these bonds. Note: Round your intermediate calculations to the nearest dollar amount. \begin{tabular}{|c|c|c|c|c|} \hline \multirow{2}{*}{\begin{tabular}{c} \begin{tabular}{c} Semiannual Interest \\ Period-End \end{tabular} \\ 01/01/2021 \\ \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{l} Unamortized \\ Premium \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} Carrying \\ Value \end{tabular}} \\ \hline & $ & 39,828 & $ & 799,828 \\ \hline 06/30/2021 & & & & \\ \hline 12/31/2021 & & & & \\ \hline 06/30/2022 & & & & \\ \hline 12/31/2022 & & & & \\ \hline 06/30/2023 & & & & 0 \\ \hline 12/31/2023 & & & & \\ \hline \end{tabular}