SHORT ANSWER On November 1, 2018, Valleymen Corporation issued $800,000 worth of ten-year, 9 percent bonds. The semiannual interest dates are November 1 and May 1. The market interest rate of similar investments was 8.5 percent. The bonds were issued at a price of 103. The company uses the effective interest method of amortization. A) Determine the Bond Interest expense to be recorded on November 1, 2019 B) Determine the Cash paid for interest on the same date. C) Amount of Amortisation of Bond Interest Premium to be written off