Saved amework Quatro Co issues bonds dated January 12019, 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 an effective interest amortization table for these bonds Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 What is the amount of the premium on these bonds at issuance? Premium (Required Required 2 > Quatro Co. issues bonds dated January 1, 2019, with a par value of $820,000. The bonds' annual contract rate is 10%, and interest is pald 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 an effective interest amortization table for these bonds. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an effective interest amortization table for these bonds. (Round all amounts to the nearest whole dollar) Semiannual Cash Bond Premium Interest Unamortized Interest Carrying Interest Paid Period-End Premium Amortization Value Expense 01/01/2019 $ 42,972 862.972 06/30/2019 $ 41,000 7.102 33,838 35,810 855,8103 12/31/2019 41.000 7,102 33,8383 28,6483 848,648 06/30/2020 41,000 7,102 33 8383 21,481 814,810 12/31/2020 41,000 7.162 33,8383 14,3243 780,972 06/30/2021 41,000 7.162 33.838 7.1623 747,134 12/31/2021 41,000 113,866 (72.860) 820,000 Total $ 246,000 203,028 42,972 000 0 0