Brief Exercise 17-11 Martinez Company invests $10,400,000 in 4% fixed rate corporate bonds on January 1, 2017" All the bonds are classified as available-for-sale and are purchased at par. At year-end, market interest rates have declined, and the fair value of the bonds is now $11,092,000. Interest is paid on January 1 Prepare journal entries for Martinez Company to (a) record the transactions related to these bonds in 2017, assuming Martinez does not elect the fair option; and (b) record the transactions related to these bonds in 2017, assuming that Martinez Company elects the fair value option to account for these bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts Date Acceuat Ticles and Explanation Debit Credit To record interest eveu To reoord fair value adjustment Date Acceent Titles and Explanation Debit Credit To receed interest revene To receed fair value adjastmen