uatro Company issues bonds dated January 1, 2021, with a par value of $820,000. The bonds annual contract rate is 10%, 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 $862,972. What is the amount of the premium on these bonds at issuance? How much total bond interest expense will be recognized over the