Cullumber Corporation had the following transactions relating to debt investments:

Jan. 1,	2020		Purchased 70, $1,150, 15% Spiller Company bonds for $80,500. Interest is payable annually on January 1.
Dec. 31,	2020		Accrued interest on Spiller Company bonds.
Jan. 1,	2021		Received interest from Spiller Company bonds.
Jan. 1,	2021		Sold 42 Spiller Company bonds for $47,150.

Journalize the above transactions, including the adjusting entry for the accrual of interest on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)