Required information Problem 7.35 (LO 7.1) (Algo) The following information applies to the questions displayed below] At the beginning of his current tax year. David invests $11,510 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David recelves $900 in interest (\$450 every six months) from the Treasury bonds during the current year, and the yleld to maturity on the bonds is 7 percent. Note: Round your intermediate calculations to the nearest whole dollar amount. Problem 7.35 Part-a (Algo) a. How much interest income wall he report this year if he elects to amortize the bond premium