17. On 01 July 2017, Blu-Foote purchased a security it decided to Hold-to-Maturity. The security bears an annual interest rate of 12.1%. The security cost $109,300 plus a brokerage fee of $570. The security will pay interest on 01 Jan and 30 June. Blu-Foote's fiscal year ends on 31 Dec. a. Prepare the journal entry for the purchase of the security. b. Prepare the adjusting entry for 31 December [regarding interest). 1. Prepare the journal entry for the receipt of interest on 01 Jan. 2018