18%, 5 year boods Bally on December 31, The bonds sold for $124,920 at an effective interest rate of 1% Fro was Free's Company first AFS Debt Investment. At the end of the year, this investment had a fair val Company classified the debt investment as Available for Sale and uses the effective interest method of $126,000. A. Prepare all 2020 entries for Free Company beginning with the parchase of the investment on 1/1/2020. Jp Investm Cash Dr 9660 9600 What was the impact on Net Income due to debt investments for the year ending 12/31/2 e to include Samount and increase/decrease) What was the impact on Other Comprehensive Income for the year ending 12/31/2020 elude Samount and increase/decrease)