Entries for Investments in Bonds, Interest, and Sale of Bonds Torres Investments acquired $266,000 of Murphy Corp., 7% bonds at their face amount on October 1, Year 1. The bonds pay interest on October 1 and April 1. On April 1, Year 2, Torres sold $89,600 of Murphy Corp. bonds at 101. Journalize the entries to record the following: Do not round interim calculations. Round final answers to nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. d. The sale of $89,600 of Murphy Corp. bonds on April 1, Year 2, at 101. Cash Year 2, Apr. 1 268,660 X Gain on Sale of Investments 2,660 X Investments-Murphy Corp. Bonds 266,000