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Required information [The following information applies to the questions displayed below] At the beginning of his current tax year, David invests $11,550 in original issue

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Required information [The following information applies to the questions displayed below] At the beginning of his current tax year, David invests $11,550 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $820 in interest ( $410 every six months) from the Treasury bonds during the current year, and the yleld to moturity on the bonds is 6.2 percent. Note: 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? Required information [The following information applies to the questions displayed below] At the beginning of his current tax year, David invests $11,550 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $820 in interest ( $410 every six months) from the Treasury bonds during the current year, and the yleld to moturity on the bonds is 6.2 percent. Note: 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

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