Mile Down & Co. owns vast amounts of corporate bonds. Suppose Mile Down buys $1,000,000 of RoastCo bonds at face value on January 2, 2018. The RoastCo bonds pay interest at the annual rate of 7% on June 30 and December 31 and mature on December 31, 2032. Mile Down intends to hold the investment until maturity. Read the requirements. Requirement 1. How would the bond investment be classified on Mile Down's December 31, 2018, balance sheet? The RoastCo bond investment will be classified as a as of December 31, 2018. Requirement 2a. Journalize on Mile Down's books: Receipt of final interest payment on December 31, 2032. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit 2032 Dec. 31 Requirement 2b. Journalize on Mile Down's books: Disposition of the investment at maturity on December 31, 2032. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit - Requirements 2032 Dec. 31 1. How would the bond investment be classified on Mile Down's December 31, 2018, balance sheet? 2. Journalize the following on Mile Down's books: a. Receipt of final interest payment on December 31, 2032. b. Disposition of the investment at maturity on December 31, 2032. Choose from any list or enter any number in the input fields and then continue to the next question. ? Print Done