Enviro Company issues $8\%,10-$year bonds with a par value of $$250,000$ and semiannual interest payments. On the issue date, the annual market rate for these bonds is $10\%,$ which implies a selling price of $\frac{871}{2}.$ The straight$-$line method is used to allocate interest expense.

What total amount of bond interest expense will be recognized over the life of these bonds?

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What total amount of bond interest expense will be recognized over the life of these bonds?

Total Bond Interest Expense Over Life of Bonds:

Amount repaid: $?$

$\backslash$table$[[$payments of$,10,000,],[$Par value at maturity $?],[$Total repayments, $],[$Less amount borrowed $($cash proceeds from part $1)?],[$Total bond interest expense,$ $?$