Required information (The following information applies to the questions displayed below,] The Square Foot Grill Inc. issued $230,000 of 10-year, 6 percent bonds on July 1, Year 1, at 104. Interest is payable in cash semiannually on June 30 and December 31. The straight-line method is used for amortization. c. What amount of interest expense will Square Foot report on the financial statements for Year 1 and Year 2? Year 1Year 2 Interest expense Required information (The following information applies to the questions displayed below. The Square Foot Grill, Inc. issued $230,000 of 10-year, 6 percent bonds on July 1, Year 1, at 104. Interest is payable in cash semiannually on June 30 and December 31. The straight-line method is used for amortization. d. What amount of cash will Square Foot pay for interest in Year 1 and Year 2? Year 1 Year 2 Cash outflow for interest