Exercise 17-3 On January 1, 2017, Oriole Company purchased 8% bonds having a maturity value of $400,000, for $433,699.52. The bonds provide the bondholders with a 6% yield. They are dated January 1, 2017, and mature January 1, 2022, with interest receivable January 1 of each year. Oriole Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category friCoat n e s Prepare the journal entry at the date of the bond purchase. (Enter answers to 2 decimal places, e.g. 2,525.25. 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 O for the amounts) Date Account Titles and Explanation Debit Credit an. 1, 2017 Investment Income Cash 433699.52 SHOW LIST OF ACCOUNTS LINK TO TEXT