What is the amount of the premium on these bonds at issuance? Quatro Company issues bonds dated January 1, 2021, with a par value of $840,000. The bonds' annual contract rate is 13%, 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 12%, and the bonds are sold for $860,685. 1. What is the amount of the premium on these bonds at issuance? 2. How much total bond interest expense will be recognized over the life of these bonds? 3. Prepare a straight-line amortization table for these bonds. How much total bond interest expense will be recognized over the life of these bonds? Prepare a straight-line amortization table for these bonds. Note: Round your intermediate calculations to the nearest dollar amount