Mills Corporation acquired as a long-term investment $280 million of 6% bonds, dated July 1 , on July 1,2024 . Company management has the positive intent and ability to hold the bonds until maturity. The market interest rate (yield) was 4% for bonds of similar risk and maturity. Mills paid $330.0 million for the bonds. The company will receive interest semiannually on June 30 and December 31 . As a result of changing market conditions, the fair value of the bonds at December 31,2024 , was $320.0 million. Journal entry worksheet Prepare any journal entry needed to adjust the investment to fair value. Note: Enter debits before credits. Journal entry worksheet Record the sale of the investment by Mills. Note: Enter debits before credits