Exercise 15-5 Non-strategic Investments 103 CHECK FIGURE 3. Dec 31, 2020 = $196,128 Following are the non-strategic investment transactions of Corona Inc.: 2020 Jan 1 Purchased for $78,141 an 8.575.000 bond that matures in 10 years from Hanna Corporation when the market interest rate was 74. Interest is paid semiannually beginning June 30, 2020. 30 Received interest on the Hanna bond. July Pald S118,047 for a Trust Inc. bond with a par value of $120,000 and a five-year term. The bond pays interest quarterly beginning September 30, 2020, at the annual rate of 783 the market interest rate on the date of purchase was 32% Sept 30 Received interest on the Trust bond Dee 3. Received interest on the Hanna and Trust bonds 31 The bir values of the bonds on this date equalled the fair values Page 101 Required 1. For each of the bond investments, prepare an amortization schedule showing only 2020 and 2021 2. Prepare the entries to record the transactions described above. 3. Show how the investments would be reported on Corona's December 31, 2020, balance sheet