What amount of interest expense is reported for $2026?($Round answer to $2$ decimal places, e$.$g$.38,548\mathrm{.}25.)$

Interest expense reported for $2026$

$

$2.$ Will the bond interest expense reported in $2026$ be the same as$,$ greater than, or less than the amount that would be reported if the straight$-$line method of amortization were used?

The bond interest expense reported in $2026$ will be the amount that would be reported if the straight$-$line met

$3.$ Determine the total cost of borrowing over the life of the bond. $($Round answer to $0$ decimal places, e$.$g$.38,548.)$

Total cost of borrowing over the life of the bond $

$4.$ Will the total bond interest expense for the life of the bond be greater than, the same as$,$ or less than the total interest expense if the straight$-$line method of amortization were used?

The total bond interest expense for the life of the bond will be the total interest expense if the straight$-$line $mlon$