Stanford issues bonds dated January 1, 2019, with a par value of $245,000. The bonds' annual contract rate is 9%, 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 12%, and the bonds are sold for $226,938. 1. What is the amount of the discount 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 1 Required 2 Required 3 Prepare an effective interest amortization table for these bonds. (Round all amounts to the nearest whole dollar.) Semiannual Interest Period-End Cash Interest Bond Interest Paid Expense Discount Amortization Unamortized Discount Carrying Value 01/01/2019 $ 18,062 $ 226,938 06/30/2019 $ 11,025 $ 13,616 $ 2,591 15,471 229,529 12/31/2019 11,025 13,772 2,747 12,724 232,276 06/30/2020 11,025 13,937 2,912 9,812 235,188 12/31/2020 11,025 14,111 3,086 6,726 238,274 06/30/2021 11,025 14,296 3,271 3,455 241,545 12/31/2021 11,025 14,480 3,455 0 245,000 Total $ 66,150 $ 84,212 $ 18,062