MISM On January 2, 2020, Mark Company acquired, as a held-to-maturity investment, bonds with a face value of $750,000 for $861,600 The bonds carry a stated interest rate of 8% and an effective yield of 6% Interest is paid on June 30 and December 31, and the bonds mature on December 31, 2029, Required: Prepare the journal entries necessary to record the purchase of the bonds and the first two semi-annual interest receipts using the straight-line method of amortization