Crane Corporation had the following transactions in

$2$

$0$

$2$

$0$

$$and

$2$

$0$

$2$

$1$

$$pertaining to debt investments.

Purchased

$6$

$0$

$1$

$1$

$\%$

$,$

$

$1$

$,$

$0$

$0$

$0$

$$Wolfe Co

$.$

$$bonds for $

$6$

$1$

$,$

$8$

$0$

$0$

$$cash on January

$1$

$,$

$2$

$0$

$2$

$0$

$.$

$$Interest is payable annually on January

$1$

$.$

Accrued interest on Wolfe Co

$.$

$$bonds on December

$3$

$1$

$,$

$2$

$0$

$2$

$0$

$.$

Received interest on Wolfe Co

$.$

$$bonds on January

$1$

$,$

$2$

$0$

$2$

$1$

$.$

Sold

$3$

$5$

$$Wolfe Co

$.$

$$bonds for $

$3$

$8$

$,$

$6$

$7$

$5$

$$on January

$1$

$,$

$2$

$0$

$2$

$1$

$.$

$$ prepare the adjusting entry for the accrual of interest at december

$3$

$1$

$,$

$2$

$0$

$2$

$1$