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Marketable Debt Securities Use the financial statement effects template to record the accounts and amounts for the following four transactions involving investments in marketable debt securities classified as available-for-sale securities. a. Loudder Inc. purchases 7,000 bonds with a face value of $1,000 per bond. The bonds are purchased at par for cash and pay interest at a semi-annual rate of 4%. b. Loudder receives semi-annual cash interest of $140,000. c. Year-end fair value of the bonds is $978 per bond. d. Shortly after year-end, Loudder sells all 7,000 bonds for $970 per bond. Use negative signs with answers, if appropriate. Balance Sheet Income Statement Noncash Contrib Earned Transaction Cash Asset + Assets = Liabilities + Captial + Capital Revenues Expenses = Net income Loudder purchases bonds. Loudder receives cash interest. Bonds year-end fair value is determined. Loudder sells all bonds