Max's Company invests in the bonds issued by CarmCorp.On 1/1/21 Max buys $240,000 of 5% bonds that pay interest on 1/1.They mature in 10 years and yield 6%.Max pays $222,336.On 12/31/21, the fair value of the bonds is $243,200.Assuming the bonds are classified as "Trading", prepare the journal entries for 1/1/21, 12/31/21, and 1/1/22.You may omit (leave out) the closing entries.