Colah Company purchased $1 million of Jackson, Inc., 8% bonds at paron July 1 2018, with interest paid semi-annually. Colah determined that it should account for the bonds as an available for sale investment. At December 31, 2018, the Jackson bonds had a fair value of $131 million. Colah sold the Jackson bonds on July 1 2019 for $990,000 a. The purchase of the Jackson bonds on July 1 binterest revenue for the last half of 2018 c. Any year-end 2018 adjusting entries d orest revenue for the first half of 2019 e. Any entries necessary upon sale of the Jackson bonds on July 1 2019, including updating the fair value adjustment, recording any recia t ion adustment and recording the sale Required: 1. Prepare Colah's Journal entries for above transaction 2. Fill out the following table to show the effect of the Jackson bonds on Colah's net income other comprehensive income, and comprehensive income for 2018, 2019, and cumulatively over 2018 and 2019 Complete this question by entering your answers in the tabs below. red2 Penc thet a r ian try required to transaction event, et "Noral entry required your answer in dolan, not in mons. S o beantra e d View r in it Journal entry worksheet Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Colah's journal entries for above transaction. (If no entry is required for a transaction/event, select "No jou In the first account field. Enter your answer in dollars, not in millions. (.e. 5 should be entered as 5,000,000)) View transaction list Journal entry worksheet 1 2 3 4 5 6 Record the purchase of the Jackson bonds on July 1. Note: Enter debits before credits Date July 01. 2018 General Journal Debit Credit Record entry Clear entry View general Journal