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Required For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round intermediate calculations.) a b. Gray

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Required For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round intermediate calculations.) a b. Gray Co, issued $66,000 of 6 percent bonds at 102 1/2 Bush, Inc. issued $81,000 of 10-year, 6 percent bonds at 95 1/2. Oak, Inc. issued $183,000 of 20-year, 6 percent bonds at 102. Willow Co. issued $107,000 of 15-year, 7 percent bonds at 94. C. d

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