Entries for Held-to-Maturity Securities) On January 1, 2020, Hummer Company purchased 5% bonds, having a maturity value of $4,500,000 for $3,860,442. The bonds provide the bondholders with a 7% yield. They are dated January 1, 2020, and mature January 1, 2030, with interest receivable June 30 and December 31 of each year. Hummer Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. Instructions (a) Prepare the journal entry at the date of the bond purchase. (b) Prepare the first 3 years of a bond amortization schedule. (c) Prepare the journal entries to record the interest received and the amortization for 2020.