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 US. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $900 in interest ( $450 every six months) from the Treasury bonds during the current yeat, and the yield to maturity on the bonds is 7 percent Note: Round your intermediate calculations to the nearest whole dollar amount. Problem 7.35 Part-b (Algo) b. How much interest will he report this year if he does not elect to amortize the bond premium