ieteu 38 1ar. It does not indicate completion 4 Ornamental's fiscal year ends on December 31. No investments were held by Ornamental on December 31, 2017 Return t Mar. 31 Acquired 8% Distribution Transformers Corporation bonds costing $400,000 at face value. Sep. 1 Acquired $900,000 of American Instruments, 10% bonds at face value. Sep. 38 Received semiannual interest payment on the Distribution Transformers bonds. Oct. 2 Sold the Distribution Transformers bonds for $425,e00 nts any necessary ad usting entry(sesrelatinattoachevan estments. The market prices of the nvestments are: Dec. 31 Recorded American Instruments bonds $850,000 $1,460,000 M&D Corporation bonds (Hint: Interest must be accrued.) Required: 1. Prepare the appropriate journal entry for each transaction or event during 2018, as well as any adjusting entries necessary at year end 2. Indicate any amounts that Ornamental Insulation would report in its 2018 income statement 2018 statement of comprehensive income, and 12/31/2018 balance sheet as a result of these investments 3 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2