Held-to-Maturity Investments On January 1, 2022, a company pays $5,141,431 for a 3-year corporate bond with a face value of $5 million. The bond pays interest at 4 percent on December 31 of each year, and the principal is due on December 31, 2024. The investment yields a 3 percent compound annual return to maturity. The company classifies the bond as a held-to-maturity investment, Required Prepare the journal entries to record the investment on January 1, 2022, receipt of the interest payments on December 31 of each year 2022 through 2024, and receipt of the band principal on December 31, 2024, using the effective interest method. NOTE: For the noted journal entries below, select any N/A answer option as the debit and credit descriptions and leave the debit and credit amounts blank (zero). Date 1/1/22 General Journal Description Debit Credit 12/31/22 12/31/23 D 2 0 D Investment in HTM securities To record receipt of interest.oyment for 2022 Investment in HTM securities = 0 0 0 Torecord.recintofinstant for 2022 NOTE above Not accable 12/31/23 *see NOTE above Investment in HTM securities To record receipt of interest payment for 2022. Investment in HTM securities 0 0 0 0 0 0 0 To record receipt of interest payment for 2023, Not applicable *see NOTE above 12/31/24 Not applicable 4 Investment in HTM securities To record receipt of interest payment for 2024, To record receipt in bond principal. 00 0 0 0 0 0 0 0 0 0 0 000 0 0 0 0 0 0 0 1