Data From E17-3. 

Assume the same information as in E17-3 except that the securities are classified as available-for-sale. The fair value of the bonds at December 31 of each year-end is as follows. 2017 s320,500 2018 S309,000 2019 $308,000 2020 $310,000 2021 $300,000 Instructions (a) Prepare the jourmal entry at the date of the bond purchase. (b) Prepare the journal entries to record the interest revenue and recognition of fair value for 2017. (c) Prepare the journal entry to record the recognition of fair value for 2018.