Tano Company issues bonds with a par value of $$180,000$ on January $1$ of the current year. The

bonds' annual contract rate is $8\%,$ and interest is paid semiannually on June $30$ and December

The bonds mature in three years. The annual market rate at the date of issuance is $10\%,$ and

the bonds are sold for $$170,864.$

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

How much total bon a positive value 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

Less amount borrowed

Total bond interest expense

Prepare a straight$-$line amortization table for these bonds.

Amount of semi$-$annual discount amortization