LA January 1, 2020, Snowball Inc. paid $207,260 cash to purchase 10%, 5200,000 bonds that yield 896. Interest is paid on June 30 and December 31. Snowball follows ASPE and uses the amortized cost method and the effective interest method to amortize the premium. The company's year end is December 31. Required (9 marks): 1) Prepare the journal entry to record the purchase of these bonds. 2) Prepare all journal entries to record receipt of Interest and amortization of premium in 2020. 3) What is the carrying value of the bond at the end of 2020? Type your answer and Sabini