Question: I need my values double checked for the Unamortized Premium and Carrying Value. Quatro Company issues bonds dated January 1, 2021, with a par value

I need my values double checked for the Unamortized Premium and Carrying Value.

I need my values double checked for the
Quatro Company issues bonds dated January 1, 2021, with a par value of $820,000. The bonds' annual contract rate is 10%, 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 8%, and the bonds are sold for $862,972. 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 Prepare a straight-line amortization table for these bonds. (Round your intermediate calculations to the nearest dollar amount.) 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 $ 42,972 35,810 $ 862,972 855,810 28,648 848,648 486 834,324 7,162 827,162 820,000 0

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