QS 10-11 (Algo) Straight-Line: Premium bond computations LO P3 Enviro Company issues 800k, 10 year bonds with a par value or $380000 and semiannual interest payments. On the issue date, the anoual ruarket rate for these bonds is 5.00%, which implies a sefing price of 126.625 . The strobititine method is used to allocate Interest expenset 1. What are the issuer cash proceeds from issuance of these bonds? 2. What total amoust of bond interest expense will be recognired over the de of these bonds? 3. What is the atiount of bond interest expense incorded on the first interest payment date? Q Answer is not complete: Complete thas auesuen by entering your answers in the tabs below. 1. What are the issuer's cash proceeds from issuance of these bonds? 2. What total amount of bond interest expense will be recognized over the life of these bonds? 3. What is the amount of bond interest expense recorded on the first interest payment date? Answer is not complete. Complete this question by entering your answers in the tabs below. What is the amount of bond interest expense recorded on the first interest payment date? Noter. Round you finat answer to nearest whole dollar amount Complete this question by entering your answers in the tabs below. What total amount of bond interest expense will be recognized over the life of these bonds