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2-b. Prepare Liu's entries to record the receipt of the first two interest payments. (Do not round intermediate calculations. Round your finol onswers to neorest

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2-b. Prepare Liu's entries to record the receipt of the first two interest payments. (Do not round intermediate calculations. Round your finol onswers to neorest dollor omount.) On January 1.2023, Liu Corporation paid $247,992 to acquire bonds of Singh Investment Corp with a par value of $246,000. The annual contract rate on the bonds is 6.5% and interest is paid semlannually on June 30 and December 31 . The bonds mature after three years. The market rate of interest was 6.2%. Lu Corporation intends to hold the bonds until maturity. Required: 1. Prepare an amortization schedule for the investment showing only 2023. (Do not round intermediate calculations. Round your answers to the nearest whole dollar omount. Enter all the amounts as positive volues.) 2-o. Prepare Liu's entries to record the purchase of the bonds. (Do not round intermediate calculotions. Round your finol answers to neorest dollor amount.) 3. Show how the investment will appear on the December 31, 2023, balance sheet. (Do not round intermediate colculations. Round your final answer to neorest doller omount.)

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