League Up & Co. owns vast amounts of corporate bonds. Suppose League Up buys $1,400,000 of HoutenCorp bonds at face value on Requirements January 2, 2018. The HoutenCorp bonds pay interest at the annual rate of 3% on June 30 and December 31 and mature on December 1. Journalize any required 2018 entries for the bond investment. 31, 2022. League Up intends to hold the investment until maturity. 2. How much cash interest will League Up receive each year from HoutenCorp? 3. How much interest revenue will League Up report during 2018 on this bond investment? Date Accounts and Explanation Debit Credit