ACME Incorporated purchased $800,000 of six-year, 8% bonds of DeLeon Ltd. to yield an 6% return, and classified the purchase as an amortized cost method investment on April 01, 2020 (the issue date of the bonds). The bonds pay interest semi-annually on September 31 and March 31. ACME has a December 31 year end and follows IFRS. Required: (a) Prepare all required journal entries for 2020 . Round your final answer to the nearest dollar and show calculations below each journal entry. (11 marks) (b) If ACME reported under ASPE Yvhat alternative method could the company use to amortize the bond discount/premium? (2 marks)