Required information [The following information applies to the questions displayed below.] Duval Co. issues four-year bonds with a $118,000 par value on January 1, 2019, at a price of $113,864. The annual contract rate is 6%, and interest is paid semiannually on June 30 and December 31. repare journal entries to record the first two interest payments. (Round your answers to the nearest dollar amount.) View transaction list View journal entry worksheet No Debit Credit 1 Date General Journal June 30, 2019 Bond interest expense Discount on bonds payable Cash 517 2 December 31, 2019 Bond interest expense Discount on bonds payable Cash 517 Quatro Co. issues bonds dated January 1, 2019, with a par value of $790,000. The bonds' annual contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 8%, and the bonds are sold for $810,694. 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare a straight-line amortization table for these bonds. Prepare a straight-line amortization table for these bonds. (Round your intermediate calculations to the nearest dollar amount.) Semiannual Interest Unamortized Carrying Period-End Premium Value 01/01/2019 $ 20,694 $ 810,694 06/30/2019 12/31/2019 06/30/2020 12/31/2020 06/30/2021 0 12/31/2021