Required information The following information applies to the questions displayed below) On January 1, 2024, Highlands Resort issues $22 million of bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below. (4) (2) (a) Increase in (1) Cash Paid for Interest Carrying Carrying Date Interest Expense Value Value 11/2024 $20,569, 127 6/30/2024 $800,000 $925,611 545.611 20,614,738 12/31/2024 880.000 927,663 47.663 20,662,401 (5) Required: 1. Were the bonds issued at face amount, a discount, or a premium? Multiple Choice Face amount Discount