More Info 2018 Purchased Vessar Company's $450,000 bond at face value. Clarke classified the investment as available-for-sale. The Vessar bond pays interest at the annual rate of 8% on June 30 and December 31 and matures on December 31, 2024. Management's intent is to keep the bonds for several years. Received an interest payment from Vessar Received an interest payment from Vessar Adjusted the investment to its current market value of $448,000. Jan. 5 Jun. Dec. 30 31 31 PrintDone