ework Saved Help Soy Exercise 7-18 Determining the amount of bond premiums and discounts LO 7-8, 7-9 Required For each of the following situations, calculate the amount of bond discount or premium, if any. (Do not round intermedia calculations.) a. Gray Co, issued $63,000 of 6 percent bonds at 103 1/2 Bush, Inc. issued $91,000 of 10-year, 6 percent bonds at 95 1/2. Oak, Inc. issued $198,000 of 20-year, 6 percent bonds at 103. d. Willow Co. issued $163,000 of 15-year, 7 percent bonds at 98.