Required information [The following information applies to the questions displayed below.) Ike issues $170,000 of 9%, three-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at $174,453 when the market rate is 8%. 2. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. Total bond interest expense over life of bonds: Amount repaid Total repaid payments of Par value at maturity 0 Less amount borrowed Total bond interest expense $ 0