Micro Corporation issues bonds dated January 1, 2019, with a par value of $840,000. The bonds mature in 3 years and pay semiannual interest. The bonds' annual contract rate is 13%. The annual market rate at the date of issuance is 12% and the bonds are sold for $860,685 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 an amortization table for these bonds, use the straight-line method to amortize the premium. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the amount of the premium on these bonds at issuance? Premium Micro Corporation issues bonds dated January 1, 2019, with a par value of $840,000. The bonds mature in 3 years and pay semiannual interest. The bonds' annual contract rate is 13%. The annual market rate at the date of issuance is 12% and the bonds are sold for $860,685. 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 an amortization table for these bonds, use the straight-line method to amortize the premium. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an amortization table for these bonds; use the straight-line method to amortize the premium. (Round your intermediate calculations to the nearest dollar amount.) Semiannual Interest Period-End Unamortized Premium Carrying Value 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020 06/30/2021 12/31/2021 Micro Corporation issues bonds dated January 1, 2019, with a par value of $840,000. The bonds mature in 3 years and pay semiannual interest. The bonds' annual contract rate is 13%. The annual market rate at the date of issuance is 12% and the bonds are sold for $860,685. 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 an amortization table for these bonds, use the straight-line method to amortize the premium. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much total bond interest expense will be recognized over the life of these bonds? 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