Ellis issues 9.0%, five-year bonds dated January 1, 2015, with a $410,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $426,627. The annual market rate is 8% on the issue date. Required: 1. Complete the below table to calculate the total bond interest expense over the bonds' life. Total bond interest expense over life of bonds: Amount repaid: payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense 2. Prepare a straight-line amortization table for the bonds life. Semiannual Period- Unamortized Carrying Value Premium 01/01/2015 06/30/2015 12/31/2015 06/30/2016 12/31/2016 06/30/2017 12/31/2017 06/30/2018 12/31/2018 06/30/2019 12/31/2019