Exercise $10-9($Algo$)$ Straight$-$Line: Amortization of bond premium LO P$3$

Quatro Company issues bonds dated January $1,2021,$ with a par value of $$810,000.$ The bonds$$ annual contract rate is $12\%,$ 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 $10\%,$ and the bonds are sold for $$851,101.$

What is the amount of the premium on these bonds at issuance?

How much total bond interest expense will be recognized over the life of these bonds?

Prepare a straight$-$line amortization table for these bonds.