Brief Exercise 17-4 17 Metlock Corporation purchased trading investment bonds for $62,000 at par. At December 31, Metlock ercise 17- erciss 17-7 recelved annual interest of $2,480, and the fair value of the bonds was $59,700 Prepare Metlock's journal entries for (a) the purchase of the investment, (b) the interest received, and (c) the fair value adjustment. (Assume a zero balance in the Fair Value Adjustment account.) (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 ercise 17 ercise 17- Click if you would like to Show work for this question: 0 Show Werk Owation Attempts: 0 of S used ! save roLATER