Save & cercise Quatro Co issues bonds dated January 1, 2017, with a par value of $780,000. The bonds' annual contract rate is 13%, and interestis paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 12%, and the bonds are sold for $799 207 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond Interest expense will be recognized over the life of these bonds? 3. Prepare an amortization table for these bonds, use the straight-line method to amortize the premium Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much total bond interest expense will be recognized over the life of these bonds? Total Bond Interest Expense Over Lite of Bonds: Amount repaid paymides of T Par value at maturity 7.800.000 Totalrepaid Less amount borrowed Total bond interest expense $ 7,000.793 Required 3 >