12 gts Question 1 Recommended Time Allocation 20 Minutes 12 Mars On July 1.2021, investor Umited purchased $100.000 of tace value bonds with the following charac Coupon rate of 6% per annum with interest paid semi-amusly on December 31 and 30 The maturity date of the bonds is June 30, 2026 The bonds were priced to yield 45 per annum and, accordingly, investor Limited paid $10.983 At December 31, 2021. the bonds had a fale value of $112.000 REQUIRED Use a properly formatted TABLE for your answer. Show your work at times A) Assume that investor Limited determines that it is appropriate to account for this bond investment using the FVOO method. Prepare all of the applicable 2021 journal entries related to this band investment using the nethod. Dort prepare Closing Entries Show your work clearly (B) Assume that investor Limited sels 580.000 tace value of the bonds on January 1, 2022. Proceeds from sing the principal amount of the bordis amounted to 584.000. Prepare all of the applicable journal entries for the sale of these banda Do not prepare Closing Entries. Show your work early Edit Format Table TV BIUA 12 Parah DELL