Note: Round your intermediate calculations to the nearest whole dollar amount.

Problem $7-35$ Part$-$a $($Algo$)$

a$.$ How much interest income will he report this year if he elects to amortize the bond premium?

Answer is not complete.

$\backslash$table$[[\backslash$table$[[$Semiannual$],[$Period$]],\backslash$table$[[$Adjusted$],[$Basis$],[$of Bond at$],[$Beginning$],[$of$],[$Semiannual$],[$Period$]],\backslash$table$[[$Interest$],[$Received$]],\backslash$table$[[$Premium$],[$Amortization$]],,\backslash$table$[[$orted$],[$erest$]]],[1,,,,$$$,820\backslash$times $],[2,,,,,820\backslash$times $],[$Yearly Total,,$$,0,$$$,1,640]]$ Required information

Problem $7-35($LO $7-1)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

At the beginning of his current tax year, David invests $$11,550$ in original issue U$.$S$.$ Treasury bonds with a $$10,000$ face

value that mature in exactly $10$ years. David receives $$820$ in interest $($ $$410$ every six months$)$ from the Treasury bonds

during the current year, and the yield to maturity on the bonds is $6\mathrm{.}2$ percent.

Note: Round your intermediate calculations to the nearest whole dollar amount.

Problem $7-35$ Part$-$a $($Algo$)$

a$.$ How much interest income will he report this year if he elects to amortize the bond premium?

Answer is not complete.Required information

Problem $7-35($LO $7-1)($Algo$)$

Skip to question

$[$The following information applies to the questions displayed below.$]$

At the beginning of his current tax year, David invests $$11,550$ in original issue U$.$S$.$ Treasury bonds with a $$10,000$ face value that mature in exactly $10$ years. David receives $$820$ in interest $($$$410$ every six months$)$ from the Treasury bonds during the current year, and the yield to maturity on the bonds is $6\mathrm{.}2$ percent.

Note: Round your intermediate calculations to the nearest whole dollar amount.

Problem $7-35$ Part$-$a $($Algo$)$

a$.$ How much interest income will he report this year if he elects to amortize the bond premium?