Required information Exercise 10-15A Straight-line amortization of a bond premium LO 10-5 {The following information applies to the questions displayed below.) The Square Foot Grill, Inc. issued $350,000 of 10-year, 7 percent bonds on July 1, Year 1, at 102. Interest is payable in cash semiannually on June 30 and December 31. The straight-line method is used for amortization. Exercise 10-15A Part d d. What amount of cash will Square Foot pay for interest in Year 1 and Year 2? Year 1 Year 2 Cash outflow for interest