! Required information [The following information applies to the questions displayed below.] At the beginning of his current tax year, David invests $12,890 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 25 years. David receives $720 in interest ($360 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 5.2 percent. (Round your intermediate calculations to the nearest whole dollar amount.) a. How much interest income will he report this year if he elects to amortize the bond premium? Adjusted Basis of Bond at Semiannual Premium Amortization Reported Interest Interest Period Beginning of Semiannual Received Period 12,890 $ 1 360 2 360 720$ 0$ Yearly Total $ 0