Question: Check my work Quatro Co. issues bonds dated January 1 2019, with a par value of $400,000. The bonds' annual contract rate is 13%, and


Check my work Quatro Co. issues bonds dated January 1 2019, with a par value of $400,000. 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 $409,850. 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required What is the amount of the premium on these bonds at issuance? Premium Required 2 > No results Options v Saved 27, anu te uurus are solu ION D409,890. 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. 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 Se payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense sul a it or 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. Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 Required 3 Prepare a straight-line amortization table for these bonds. (Round your intermediate calculations to the nearest dollar amount.) Semiannual Interest Unamortized Period End Premium Carrying Value 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020 06/30/2021
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