Required Information (The following information applies to the questions displayed below.) The Square Foot Grill, Inc. issued $260,000 of 10-year, 8 percent bonds on July 1, Year 1, at 102. Interest is payable in cash semiannually on June 30 and December 31. The straight-line method is used for amortization. c. What amount of Interest expense will Square Foot report on the financial statements for Year 1 and Year 2? Year 1 Year 2 Interest expenso CH Required information (The following information applies to the questions displayed below.) The Square Foot Grill, Inc. issued $260,000 of 10-year, 8 percent bonds on July 1, Year 1, at 102. Interest is payable in cash semiannually on June 30 and December 31. The straight-line method is used for amortization, d. What amount of cash will Square Foot pay for interest in Year 1 and Year 2? Yoar 1 Year 2 Cosh outflow for interest