Dn January 1,2019 , Lynch Company acquired 13% bonds wth a tace value of 550.000 . The bonds pay interest on June 30 and Decenber 31 and mature on Decenter 31 . 2021 Lynch oaid $51,22935, a prce that yields a 12% effective annual interest rate Required: 1. Record the purchsse of the bonds 2. Arepare an mvestment interest income and premium amorfization shedule using the effective ingerest method 3. Recond the receipts of interest an Nune 30 2019, avid Decenber 31, 202