3. Assume that on January 1, 2022, Donald repurchases one-half of the outstanding bonds on the open market at 93. Prepare the jour entry to record this transaction. Ignore the interest that would accrue for one day on January 1, 2022. 4. Show, in good form, how the bond-related information would be reported on a statement of financial position prepared immediately a this transaction, and on a statement of cash flows for the year 2022 based on the indirect method.

3. Assume that on January 1, 2022, Donald repurchases one-half of the outstanding bonds on the open market at 93. Prepare the jour entry to record this transaction. Ignore the interest that would accrue for one day on January 1, 2022. (4 marks) 4. Show, in good form, how the bond-related information would be reported on a statement of financial position prepared immediately a this transaction, and on a statement of cash flows for the year 2022 based on the indirect method