Need help with these 2 journal entries please.

Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $800 million on January 1, 2018, The bonds sold for $739,814,813 and mature on December 31, 2037 (20 years). For bonds of similar risk and maturity the market yield was 12%. Interest is paid semiannually on June 30 and December 31, Federal determines interest at the effective rate. Federal elected the option to report these bonds at their fair value. On December 31, 2018, the fair value of the bonds was $730 million as determined by their market value in the over-the-counter market. Assume the fair value of the bonds on December 31, 2019 had risen to $736 million. Required Complete the below table to record the following journal entries. 1. & 2. Prepare the journal entry to adjust the bonds to their fair value for presentation in the December 31, 2018 balance sheet, and adjust the bonds to their fair value for presentation in the December 31, 2019, balance sheet. Federal determined that one-half of the increase in fair value was due to a decline in general interest rates Complete this question by entering your answers in the tabs below. General Journal Calculat.. Prepare the journal entry to adjust the bonds to their fair value for presentation in the December 31, 2018, balance sheet, and adjust the bonds to their fair value for presentation in the December 31, 2019, balance sheet. Federal determined that one-half of the increase in fair value was due to a decline in general interest rates. (Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Show less View transaction list Journal entry worksheet 2 4 5 Record the fair value adjustment. Note: Enter debits before credits Date General Journal DebitCredit mber s1, No journal entry required 2018 Record entry View general journal Clear entry Calculation General Journal Journal entry worksheet Federal determined that one-half of the increase in fair value was due to a decline in general interest rates. Note: Enter debits before credits. Debit Credit Date December 31 2019 General Journal Record entry View general journal Clear entry K Calculation General Journal>