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Stanford issues bonds dated January 1 2019. with a par value of $247,000. The bonds annual contract rate is 6%, and interest is paid semiannually

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Stanford issues bonds dated January 1 2019. with a par value of $247,000. The bonds annual contract rate is 6%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 8% and the bonds are sold for $234,048. 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 effective interest amortization table for these bonds Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the amount of the discount on these bonds at issuance? Discount Required 2 > Stanford issues bonds dated January 1, 2019, with a par value of $247.000. The bonds' annual contract rate is 6%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 8%. and the bonds are sold for $234,048. 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 effective interest amortization table for these bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much total bond interest expense 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 Stanford issues bonds dated January 1 2019, with a par value of $247000. The bonds annual contract rate is 5% and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of Issuance is 8% and the bonds are sold for $234,048 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 effective interest amortization table for these bonds. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Regred 3 Prepare an effective interest amortization table for these bonds. (Round all amounts to the nearest whole dollar) Cash Interest Paid Bond Interest Expense Discount Amortization Unamortized Discount Carrying Value Semiannual Interest Period-End 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020 05/30/2021 12/31/2021 Total

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