Carras Corporation purchased $68,900 of five-year, 8% bonds of Hu Inc. for $66,174 to yield at a 9% return, and classified the purchase as an amortized cost method investment. The bonds pay interest semi-annually. 1. Assuming Strange Corporation applies IFRS, prepare its journal entries for the purchase of the investment and receipt of semi-annual interest and discount amortization for the first two interest payments that will be received. 2. Assuming Strange applies ASPE and has chosen the straight-line method of discount amortization, prepare the same three entries requested in part 1.