Required For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round your intermediate calculations.) a. Gray Co. issued $54,000 of 6 percent bonds at 102 1/2 b. Bush, Inc., issued $95,000 of 10-year, 6 percent bonds at 96 1/2. c. Oak, Inc., issued $176,000 of 20-year, 6 percent bonds at 102 d. Willow Co. issued $101,000 of 15-year, 7 percent bonds at 98. Discount Premium eBook & Resources pook: uso tbe straiabtline method to amortize bond discounts