E17-4 (Entries for Available-for-sale Securities) Assume the same information as in E17-3 except that the securities are classified as available-for-sale. The fair value of the bonds on December 31 each year-end is as follows. 2011 $534,200 2012 $515,000 2013 $513,000 2014 $ 517,000 2015 $ 500,000 Instructions (a) Prepare the journal entry at the date of the bonds purchased. (b) Prepare the journal entries to record the interest received and recognition of fair value for 2011. (c) Prepare the journal entry to record the recognition of fair value for 2012