QS 14-12 Bond transactions premium L06 Page 966 Dawson Limited issued 128, 10-year bonds with a par value of $60,000 and semiannual interest payments. On the issue date, the annuni market rate of interest for the bonds was 10%, and they sold for $67.478. The effective interest method is used to allocate the interest a. What is the total amount of bond interest expense that will be recognized over the life of the bonds? b. What is the amount of bond interest expense recorded on the first interest payment date