Instructions On July 1, 2019, Wolfpack Corporation purchased securities which it intends to buy and sell frequently. These securities consisted of Todd Corporation 10%, 5- year bonds with a face value of $21,000 which were purchased for $20,000. Assume that on December 31, 2019, Wolfpack received interest on the Todd Corporation bonds. Wolfpack uses the straight-line method to amortize premiums and discounts. Required: Prepare the December 31 journal entry to record the receipt of the interest.