Seved Tano Company issues bonds with a par value of $83,000 on January 1, 2019. The bonds' annual contract rate is 10% and interest is 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 $78,922 1. What is the amount of the discount on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare a straight-line amortization table for these bonds 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 Life of Bonds: Amount repaid payments of Par value at maturity Total repaid Les amount borrowed Total bond interest expense 0 $ 0 Tano Company issues bonds with a par value of $83,000 on January 1, 2019. The bonds' annual contract rate is 10%, 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 $78,922 1. What is the amount of the discount on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare a straight-line amortization table for these bonds Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a straight-line amortization table for these bonds, (Round your intermediate calculations to the nearest dollar amount:) Carrying Value Samiannual Period. Unamortized End Discount 01/01/2019 06/30/2019 12/31/2019 05/30/2020 12/31/2020 05/30/2021 12312021