Whispering Winds Company issued $400,000 of 9X, 10-year bonds at 102. Interest is paid annually, and the straight-line method is used for amortization. Assume that the market rate for similar investments is 7%. The bonds are issued on the date of the bonds. What amount was received for the bonds? Amount received $ How much interest is paid each interest period? Interest period $ What is the premium amortization for the first interest period? Premium amortizations How much interest expense, is recorded on the first interest date? Interest expense $ What is the carrying value of the bonds after the first interest date? Carrying value $