General Electric purchases a $100,000 bond investment on July 2, 2023 in the Government of Canada for 79.0 and pays cash for the bond. The bond pays cash interest at 4.2% on June 1 and December 1 of each year. The bond will mature on June 1, 2030 and is outstanding for 14 interest periods. General Electric's year end is December 31, 2023 and they amortize the discount using the straight-line method. Required: Record the entry for the purchase of the bond, the December 1 interest payment and amortization, as well as any year-end entries required.