2 Take me to the text correct ,00 out Wedge Inc. is planning to purchase $ 294,000 worth of 6-year bonds issued by George Company, a publicly traded company on January 1, 2020. The interest rate of the bonds is 4% annually, payments are made semi-annually on June 30 and December 31 every year. Wedge Inc. has a December 31 year-end and plans to hold the bonds until maturity. Required Prepare journal entries for the bonds acquisition, the first interest payment and retirement of the bonds on January 1, 2026 an