Flynn Company purchased 80 Rinehart Company 11% 10-year, $1 500 bonds on January 1 2015 for S120 receipt of interest, Flynn Company sold 48 of the bonds for $66,000 The bonds pay interest se m annually on July 1 an January on anuar 20 after 1 Prepare the journal entries to record the transactions described above. (Round answers to 0 decimal places, e.g. 5,275. 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.) Titles and Explan Debit Credit Date January 1, 2015 July 1, 2015 December 31, 2015 anuary 1, 2016 (To record receipt of interest) anuary 1, 2016 (To record sale of bonds) Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Allowance for Doubtful Accounts Bonds Payable Buildings Cash Cash Dividends Common Stock Common Stock Dividends Cost of Goods Sold Debt Investments Discount on Bonds Payable Dividends Dividend Revenue Dividends Payable Equipment Fair Value Adjustment-Available-for-Sale Fair Value Adjustment-Trading Fair Value Adjustment-Non-Trading Gain on Sale of Debt Investments Gain on Sale of Stock Investments Goodwil Income Tax Expense Income Taxes Payable Interest Expense Interest Payable Interest Receivable Interest Revenue Inventory Land Loss on Sale of Debt Investments Loss on Sale of Stock Investments No Entry Notes Payable Paid-in Capital in Excess of Par-Common Stock Paid-in Capital in Excess of Par-Preferred Stock Preferred Stock Premium on Bonds Payable Prepaid Insurance Retained Earnings Revenue from Stock Investments Short-Term Investment Stock Dividends Stock Investments Unrealized Gain or Loss-Equity Unrealized Gain on Non-Trading Unrealized Gain-Income Unrealized Loss-Income Distributable What constitutes "significant influence" when an investor's financial interest is below the 50% level? (Enter answer as 12-13.) of the voting stock of an investee constitutes significant influence An investment of