Required

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

a.Gray Co. issued $56,000 of 6 percent bonds at 103 1/2 Premium

Bush, Inc. issued $90,000 of 10-year, 6 percent bonds at 95 1/2.

.Oak, Inc. issued $215,000 of 20-year, 6 percent bonds at 103.

Willow Co. issued $198,000 of 15-year, 7 percent bonds at 94.