Brookhaven & Co owns vast amounts of corporate bonds suppose Brookhaven buys $500,000 of HoutenCorp bonds at face value on January 2, 2018. The Hate Corp bonds pay interest at the annual rate of 3% on June 30 and December 31 and mature on December 31, 2007. Brockhaven intends to hold the investment is maturity Requirements 1. Journalize any required 2018 entries for the bond investment 2. How much cash interest wil Brookhaven receive each year from HoutenCarp? How much interest revenue will have report during 2018 on bond investment n ly able) Requirement 1. Joumalze any required 2018 entries for the bond investment (Record debits first, the credits Select the explanation on the last line of the o Begin by joumalizing Brookhaven's investment on Date Accounts and Explanation Debit Credit 2018 Jan 2 Interest Revenge Purchased investment in bonds