Problem: Module 3 Textbook Problem 6 Learning Objectives: 3-6 Using the straight-line method show how bonds issued at a discount affect financial statements 3-7 Using the straight-line method show how bonds issued at a premium affect financial statements Required For each of the following situations, calculate the amount of bond discount or premium. If any. (Do not round Intermediate calculations.) Gray Co. issued $69.000 of 6 percent bonds at 102 a. 1/2 Bush, Inc. issued $83,000 of 10-year, 6 percent b. bonds at 96 1/2. Oak, Inc. issued $157,000 of 20-year, 6 percent c. bonds at 102 d. Willow Co. issued $182,000 of 15-year, 7 percent bonds at 96