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Monkey Mortgage Inc engaged in the following non-strategic investment transactions during 2020: 2020 Jan. 1 Purchased for $426,10 * 6.5%, 3419,000 Baguar Corp. bond that

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Monkey Mortgage Inc engaged in the following non-strategic investment transactions during 2020: 2020 Jan. 1 Purchased for $426,10 * 6.5%, 3419,000 Baguar Corp. bond that natures in five years when the market Interest rate was 6.1%. Interest is paid seniannually beginning June 30, 2017. Monkey Mortgage Inc. plans to hold this Investment until maturity Har. 1 Boucht 7,900 shares of Mule Corp., paying $34.40 per share. May 7 Received dividends of $2.50 per share on the Mule Corp. shares June 1 Paid $335,000 for 21,950 shares of Zebra common shares. June 30 Received Interest on the Jaguar bond. Aug 1 Sold the Mule Corp. shares for 534.65 per share. Dec. 31 Received interest on the Jaguar bond. Dec. 31 The fair value of the Zebra shares on this date was $15.00 per share. Assume the fair value of the bonds equalled the carrying value. 2021 Jan. 14 Sold the Zebra shares for $14.80. Required: 1. Prepare an amortization schedule for the Jaguar bond showing only 2020 and 2021. (Enter all the amounts as positive values. Do not round intermediate calculation. Round your final answers to the nearest whole dollar amount.) Cash Interest Period Interest Received Income Period Ending Premium Amort. Unamortized Premium Carrying Value Jan 1/20 June 30/20 Dec 31/20 June 30/21 or 2 2. Prepare the entries to record the dis answers to the nearest whole dollar amount) View transaction list Journal entry worksheet 3 1 2 4 5 6 7 8 9 Record the purchase of a 5-year, 6.5%, $419,000 bond to be held as a investment. Note: Enter debits before credits Debit Credit General Joumal Date Jan 01, 2020 View ournal Clear entry Resorty 3. Show how the investments would be reported on Monkey's December 31, 2020, balance sheet. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) MONKEY MORTGAGE INC Partial Balance Sheet December 31, 2020 Assets Investments Current Assets Non Current investments

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