Required information The following information applies to the questions displayed below) 1.66 points On January 1, 2017, Shay issues $300,000 of 10%, 15-year bonds at a price of 97.75. Six years later, on January 1, 2023, Shay retires 20% of these bonds by buying them on the open market at 105.25. All interest is accounted for and paid through December 31, 2022, the day before the purchase. The straight-line method is used to amortize any bond discount Skipped 1. How much does the company receive when it issues the bonds on January 1 2017? Book Cash proceeds from sale of bonds at issuance Skipped 2. What is the amount of the discount on the bonds at January 1, 2017? eBook Amount of discount Skipped 3. How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2017, through December 31, 2022? eBook Amortization of discount