Center Brook \& Co. owns vast amounts of corporate Requirements bonds. Suppose Center Brook buys $1,000,000 of 1. Journalize any required 2024 entries for the BitterCo bonds at face value on January 2, 2024. The bond investment. BitterCo bonds pay interest at the annual rate of 5% on 2. How much cash interest will Center Brook June 30 and December 31 and mature on December 31, 2033. Center Brook intends to hold the investment until receive each year from BitterCo? maturity. 3. How much interest revenue will Center Brook report during 2024 on this bond investment? Requirement 1. Journalize any required 2024 entries for the bond investment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by journalizing Center Brook's investment on January 2, 2024