10. Prepare the journal entries for the following transactions for Leo Co.: a. January 1 Leo Co. purchased $100,000 in 6% bonds of Jake Co. at face amount. b. July 1 c. Dec. 31 Jake Co. made the semi-annual interest payment on the bonds. The fair value of the Jake Co. bonds was $110,000 at the end of the year. Prepare the appropriate journal entry under each of the following scenarios. If no entry is required, write "no entry". 1. 2. E only for C The bonds were designated as held to maturity. The bonds were designated as available for sale. 3. The bonds were designated as trading.