On 5/1/22, the March Company acquired $700,000 face value 6% bonds of Evans Company at 103, resulting in an effective rate of 5.3%. The bonds were dated 5/1/22, and mature on 4/30/26, with interest payable each 10/31 and 4/30. March classifies the available for sale. The fair value of the bonds at 12/31/22 is $720,500. What journal entries will March make in 2022 with respect to this investment?