(a) Joplin Limited invested 1,000 in a debt instrument (issued at par) on 1 January 2018. The term of the debt is five years and the coupon rate of interest attached to the instrument is 6%. Upon redemption, Joplin Limited will receive the initial 1,000 investment back plus a bonus premium of 250. The effective rate of interest is 10.1%. The fair value of the instrument on 31 December 2018 was 1,100. Requirement Show how the investment should be measured and recognised in Joplin Limiteds 2018 financial statements assuming the investment: (i) passes the business model and cash flow characteristics model tests and there is no designation of the investment as fair value through profit or loss; (ii) does not pass the business model or cash flow characteristics model tests.