Owk my work mode : This shows whee is correct e' incorrect %'-.wer, you he ecompleted te ter h d. 4 Exercise 14-7 Straight-Line: Amortization of bond premium LO P3 Quatro Co issues bonds dated January 1, 2017, with a par value of $900.000 The bonds annual contract rate is 10% and interest is 8%, and the bondsve seed to S047965 paid semiannualy on June 30 and December 3t. The bonds mature in three years The ual market rate at the date of issaisance s 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 ife of these bondh 3. Prepare an amortiration tabile for these bonds, use the straight ine method to amortine the premium Answer is eo plete but not entir.y correct. Commplete this question by entering your answers in te tabs belew eqred 1 Required2 equired detar amount 6002011 14668 67 157285 56 824 06302915 1231201