Required information [The following information applies to the questions displayed below.) A company issues $280,000 of 13%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $286,895. When the market rate is 12%. Use the effective interest method. 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 payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense