2 Live Large Inc. had the following transactions involving non-strategic Investments during 2020. 2020 Apr. 1 Paid $112,000 to buy a 90-day tarn deposit, $112,000 principal amount, 6.04, dated April 1. 35 June points 12 Purchased 4,200 common shares of Blue Balloon Ltd. at $23.00. Purchased 3,000 common shares of Purple Car Corp. at $50.50. ebook 20 Purchased 1,300 common shares of Yellow Tech Ltd. at $16.50. July 1 Purchased for $79,752 8.0%, $77,000 Space Explore Inc. bond that naturen in eight years when the market interest rate was 7.4%. Interest is paid semiannually beginning December 31, 2020. Live Large Ine. plans to hold this investment until maturity. Received a cheque for the principal and accrued interest on the term deposit that natured on June 30, 30.55 per share cash dividend on the Blue Balloon Ltd. common shares. Bold 2,100 of the Blue Balloon Ltd. common shares at $26.75. 15 Received Sept. 1 Received a $2.30 per share cash dividend on the Purple Car Corp. common shares. Dec. 15 Received a $1.35 per share cash dividend on the remaining Blue Balloon Led. common shares owned. 31 Received the interest on the Space Explore Inc. bond. 2021 31 The fair values of Live Large Inc. investments on this date were Blue Balloon shares, 925.80; Purple Car Corp, shares, $43.55; Yellow Tech shares, $19.05. Assume the fair value and the carrying value of the space Explore bond were equal. Feb. 16 Bold she remaining Blue Balloon shares at $27.00. Required: 1. Prepare an amortization schedule for the Space Explore bond showing only 2020 and 2021. (Round your Intermediate and final answers to the nearest whole dollar amount. Enter all the amounts as positive values. Use 365 days in a year.) Cash Interest Received Period Interest Income Premium Unamortized Carrying Value Amort Premium July 1/20 Dec. 31/20 June 30211 Dec. 31/21 Check my work pter 15 Assignment 2 saves 2. Prepare journal entries to record the preceding transactions. (Round your Intermediate and final answers to the nearest whole dollar amount. Use 365 days in a year.) nts View transaction list Journal entry worksheet Book < 1 2 3 4 5 6 7 eferences Record the purchase of 6.0% term deposit as short-term investment. Note: Enter debits before credits Dats Apr 01, 2020 13 General Journal Debit Credit View general journal Record entry Clear entry View transaction list 1 Record the purchase of 6.0% term deposit as short-term Investment. 2 Record the purchase of short-term investment. 3 Record the purchase of short-term investment. 4 Record the purchase of short-term investment. 5 Record the purchase of a 8.0%, 8-year bond. 6 Record the collection of term deposit and interest earned. 7 Record the collection of dividend income. journal entry has been entered Note: Record entry Clear entry 8 9 Record the sale of short-term investment. Record the collection of dividend income. 10 Record the collection of dividend income. Record the collection of interest on the bond. 12 Record fair value adjustment. 13 Record the sale of investment