1. Accounting for Available-for-Sale Debt Investments (16 pts) On January 1, 2021, Duck, Inc. purchased 2.5% (annual) Bruins (issuer) bonds with a par value of $100,000. The bonds provide the bondholders with a 3% (annual) yield, are dated January 1, 2021, and mature January 1, 2027. Interest is receivable July 1 and January 1 of each year. Duck designates the Bruins bonds in the Available-for-Sale (AFS) portfolio. Required: ) Calculate the cost of the Bruin bonds for Duck and prepare the journal entry on 1/1/21. (3 pts) b) Construct an amortization schedule through 1/1/2023. (2 pts) -) Prepare the journal entries to record the interest received and amortization for 2021. (3 pts) 1) Duck's Bruins bonds have a market value on 12/31/21 of $99,000. Prepare the fair value adjustment journal entry, if necessary. (2 pts)