for Investment in Bonds, Interest, and Sale of Bonds The following bond investment transactions were completed during a recent year by Starks Company: Year 1 Jan. 31 Purchased 33,\$1,000 oovernment bonds at 100 plus accrued interest of $16$ (one month). The bonds pay 6% annual interest on July 1 and January 1 . July 1 Received semiannual interest on bond investment. Aug. 30 Sold 12,$1,000 bonds at 97 plus $120 accrued interest (two months). a. Journalize the entries for these transactions. Assume a 360 -day year. Do not round interim calculations. Round final answers to nearest dollar. For a compoupd transaction, if an amount box does not require an entry, leave it blank. b. Provide the December 31, Year 1, adjusting journal entry for semiannual interest earned on the bonds. Assume a 360-day year. Do not round interim calculations. Round final answers to nearest dollar. Year 1, Dec. 31