C. Prepare the journal entry to record the interest revenue and the amortization at December 31, 2017. Accounts Debits Credits 14. (4 points) On January 1, 2017, Tamarisk Company purchased 9% bonds having a maturity value of $210,000, for $227,220.83. The bonds provide the bondholders with a 7% yield. They are dated January 1, 2017, and mature January 1, 2022, with interest receivable January 1 of each year. Tamarisk Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. a. Record the journal entry for the purchase of the bond investment Accounts Debits Credits b. Prepare a bond amortization schedule: Date Cash Received Carrying Value Interest Revenue Premium Amortized 1/1/2017 227,220.83 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021