Exercise 16-3 Flynn Company purchased 70 Rinehart Company 5%, 10-year, $1,900 bonds on January 1, 2017, for $133,000. The bonds pay interest annual on January 1. On January 1, 2018, after receipt of interest, Flynn Company sold 40 of the bonds for $73,150 Prepare the journal entries to record the transactions described above. (Round answers to 0 decimal places, e.g. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit To record receipt of interest) Jan. 1, 2018 To record sale of bonds) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS