Bridgeport Corp. purchased a $100,000 face-value bond of Myers Corp. on August 31, 2019, for $104,650 plus accrued interest. The effective yield on the bond is 11.02%. The bond pays interest annually each November 1 at a rate of 12%. On November 1, 2019, Bridgeport Corp. received the annual interest. On December 31, 2019, Bridgeport's year end, the fair value for these bonds was 103.8. Bridgeport sold the bond on January 15, 2020, for $103,500 plus accrued interest. Assume Bridgeport Corp.follows IFRS. Prepare the journal entries to record the purchase of the bond, the receipt of interest, any adjustments required at year end, and the subsequent sale of the bond. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Compute accrued interest using 1/2 month.) Date Account Titles and Explanation Debit Credit Aug. 31, 2019 FV-NI Investments 104650 Interest Receivable 10000 Cash 114650 Nov. 1, 2019 Cash 12000 Interest Income 2000 Interest Receivable 10000 No Entry Dec. 31, 2019 Interest Receivable 2000 Interest Income 2000 No Entry (To accrue interest) Dec 31, 2019 Unrealized Gain or Loss FV-NI Investments (To record fair value adjustment) Jan. 15, 2020 Cash Gain on Disposal of Investments - FV-NI Interest Receivable