Metlock Company, a public company following IFRS, purchased $110,000,4% five-year bonds of IAA Corporation on January 1,2024. Interest is payable on July 1 and January 1 . The bond is selling at a $115,072 resulting in a bond premium of $5,072. The effective interest rate is 3%. At the year-end of December 31 , the fair value of the investment was $111,600. Prepare the appropriate journal entries for the year ending December 31, 2024 assuming that Metlock Company uses FV-OCI. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. List all debit entries before credit entries. Round answers to 0 derimal niaree o a 51251 Date