Epoch Star & Co. owns vast amounts of corporate bonds. Suppose Epoch Star buys $700,000 of AzCo bonds at face value on January 2, 2018. The AzCo bonds pay interest at the annual rate of 8% on June 30 and December 31 and mature on December 31, 2032. Epoch Star intends to hold the investment until maturity. Requirements 1. Journalize any required 2018 entries for the bond investment. 2. How much cash interest will Epoch Star receive each year from AzCo? 3. How much interest revenue will Epoch Star report during 2018 on this bond investment? tar & C Available-for-Sale Debt Investments Oof Az Cash nual ra och St Dividend Revenue Equity Investment ment 1 e journa 8 Fair Value Adjustment-Available-for-Sale Fair Value Adjustment-Held-to-Maturity Fair Value Adjustment-Trading Held-to-Maturity Debt Investments 2 uy in 31 leco D & C Held-to-Maturity Debt Investments Interest Revenue Az Trading Debt Investments al ra St Unrealized Holding Gain-Available-for-Sale Unrealized Holding Gain-Held-to-Maturity Unrealized Holding Gain-Trading to) uys intere 31, ent 1 Unrealized Holding Loss-Available-for-Sale Record c urna Unrealized Holding Loss-Held-to-Maturity Unrealized Holding Loss-Trading lculator Deb