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Files co. purchased 5% $100,000 face value bonds from Electronic Inc. on January 1, 2010, providing as effective yield of 6%. These bonds mature 10 years from now and pay interest annually on December 31 of each year. The end market value(e.g, fair value) of the bond is 115,500 in 2010 and $112,000 in 2011. Prepare journal entries on the following dates, assuming the investment is classified as available-for-sale. Round all numbers to the nearest whole dollar. January 1, 2010 to record the purchase of the bonds: December 31, 2011 to record interest: Files co. purchased 5% $100,000 face value bonds from Electronic Inc. on January 1, 2010, providing as effective yield of 6%. These bonds mature 10 years from now and pay interest annually on December 31 of each year. The end market value(e.g, fair value) of the bond is 115,500 in 2010 and $112,000 in 2011. Prepare journal entries on the following dates, assuming the investment is classified as available-for-sale. Round all numbers to the nearest whole dollar. January 1, 2010 to record the purchase of the bonds: December 31, 2011 to record interest