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Tahoe Tent Ltci. Issued bonds with a par value of $816,000 on January 1, 2017. The annual contract rate on the bonds was 13.50%, and

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Tahoe Tent Ltci. Issued bonds with a par value of $816,000 on January 1, 2017. The annual contract rate on the bonds was 13.50%, and the Interest is pald semiannually. The bonds mature after three years. The annual market Interest rate at the date of issuance was 11.50%, and the bonds were sold for sa a. What is the amount of the original premium on these bonds? (Use financial calculator for calculating PV's.) Premium b. How much total bord interest expense will be recognized over the life of these bonds? (Do not round Intermediate calculations. Round the final answer to the nearest whole dollar.) Total interest expense C. Present an amortization table for these bonds; use the effective interest method of allocating the interest and amortizing the premium. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.) Period Interest Cash Interest Paid Expense Premium Amort. Unamortized Premium Carrying Value Period Ending Jan, 1/17 June 30/17 Dec 31/17 June 30/18 Dec 31/18 June 30/19 Dec. 31/19 Talalss 0

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