Tano issues bonds with a par value of $90,000 on January 1, 2018. The bonds' annual contract rate is 8%, and interests paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate atthe date of issuances 10%, and the bonds are sold for $85,431 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 an amortization table using the straight-line method to amortize the discount for these bonds. Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 What is the amount of the discount on these bonds at issuance