Exercise 16-02 Sunland Corporation had the following transactions pertaining to debt investments. 1. Purchased 40 8%, $1,900 Leeds Co. bonds for $76,000 cash. Interest is payable annually on January 1, 2020. 2. Accrued interest on Leeds Co. bonds on December 31, 2020, 3. Received interest on Leeds Co. bonds on January 1, 2021. 4. Sold 30 Leeds Co. bonds for $62,700 on January 1, 2021. CAU Exercise 16-02 Sunland Corporation had the following transactions pertaining to debt investments. 1. Purchased 40 8%, $1,900 Leeds Co. bonds for $76,000 cash. Interest is payable annually on January 1, 2020. 2. Accrued interest on Leeds Co. bonds on December 31, 2020, 3. Received Interest on Leeds Co. bonds on January 1, 2021. 4. Sold 30 Leeds Co. bonds for $62,700 on January 1, 2021. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not Indent for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Rd No. Date Account Titles and Explanation Debit Credit