Ice Assignment Gradebook ORION Downloadable eTextbook ent CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Ivanhoe Company purchased 70 Rinehart Company 10%, 10-year, $1,980 bonds on January 1, 2020, for $138,600. The bonds pay interest annually on January 11 On January 1, 2021, after receipt of interest, Ivanhoe Company sold 40 of the bonds for $76,230. Prepare the journal entries to record the transactions described above. (Round answers to decimal places, c.9. 15,250. 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. Record journal entries in the order presented in the problem.) Account Tities and Explanation Debit Credit Date > (To record receipt of interest) (To record sale of bonds)