12-6 Trading securities L012-2 This is a variation of E 12-1 focusing on trading securities] Tanner-UNF Corporation acquired as a long-term investment 240 million of 6% bondi, dated Joly 1, on July 1, 2017. The market lead was to be similar risk and maturity, Tanner-UNF paid $200 million for the bonds. The company will receive interesele od December 1. Company man holding the bonds in its trading portfolio. As a result of changing market conditions, the fair value of the bonds at December 32011, 210 million Required: 1. Prepare the journal entry to record Tanner-UNF's investment in the bonds on July 1, 2018 2. Prepare the journal entries by Tanner-UNF to record interest on December 31, 2018, at the effective market) 3. Prepare any additional Journal entry necessary for Tanner-UNF to report its investment in the December 31, 2018, balance sheet 4. Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investoy2.2019. for 5190 million. Toepas the journal entry to record the sale