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Tano Company issues bonds with a par value of $180,000 on January 1, 2020. The bonds' annual contract rate is 8%, and interest is paid

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Tano Company issues bonds with a par value of $180,000 on January 1, 2020. The bonds' annual contract rate is 8%, 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 10%, and the bonds are sold for $170,862 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. Answer is not complete. 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. Unamortized Discount Carrying Value (0) (1) (2) (3) (4) Semiannual Period-End 01/01/2020 06/30/2020 12/31/2020 06/30/2021 12/31/2021

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