Tano Company issues bonds with a par value of $$180,000$ on January $1$ of the current year. The$3$bonds annual contract rate is $8\%,$ and interest is paid semiannually on June $30$ and December$431.$ The bonds mature in three years. The annual market rate at the date of issuance is $10\%,5$and the bonds are sold for $$170,864\mathrm{.}67$Par value$8$Contract rate$9$Term$10$ Market rate$11$Proceeds$12$Payments per year$$180,0008\%10\%$$$170,86423$ years$13$Required:$141.$ What is the amount of the discount on these bonds at issuance?$1516$Discount$$9,31817182.$ How much total bond interest expense will be recognized over the life of these bonds?$19202122$Total Bond Interest Expense Over Life of Bonds:Amount repaid:$720023$payments ofPar value at maturity$$1,523$$$10,965,600242526$Total repaidLess amount borrowedTotal bond interest expense$6223,200(170,862)$$$52,33827283.$ Prepare a straight$-$line amortization table for these bonds$\mathrm{.}2930$Amount of semi$-$annual discount amortization$$1,5233132$SemiannualPeriod$-$EndUnamortizedDiscountCarryingValue$33(0)1/1/2024$$$9,138$$$170,86234(1)6/30/202435(2)12/31/202436(3)6/30/202537(4)12/31/202538(5)6/30/202639(6)12/31/2026$