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semiannually on June 3 0 and December 3 1 . The bonds mature in three years. The annual market rate at the date of issuance

semiannually on June

30

and December

31 .

The bonds mature in three years. The annual market rate at the date of issuance is

8 %,

and the bonds are sold for $

244, 471 .

What is the amount of the discount on these bonds at issuance?

How much total bond interest expense will be recognized over the life of these bonds?

Prepare an effective interest amortization table for these bonds.

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