On August 1, 2021, Bramble Corporation, a public company, purchased $122,400 of Alaska Ltd. five-year, 7% bonds at par. The bonds were purchased for trading purposes and pay interest semi-annually on January 31 and July 31 of each year. On December 31, 2021, Bramble's year end, the bonds' fair value was $123,220. The bonds were sold on February 1, 2022, for $124,440. Record the purchase of the bonds on August 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Aug. 1 (To record purchase of investment.) Record any adjusting journal entries that are required at December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts. Round answer to decimal places, e.g. 5,276.) Debit Credit Date Account Titles and Explanation Dec. 31 (To accrue interest revenue.) Dec. 31 (To record fair value adjustment.) Indicate how the investment is presented on Bramble Corporation's December 31, 2021, balance sheet. BRAMBLE CORPORATION Balance Sheet (Partial) Assets Record the receipt of the first interest payment on January 31, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answer to O decimal places, e.g. 5,276.) Debit Credit Date Account Titles and Explanation Jan. 31 (Collection of interest receivable.) Record the sale of the bonds on February 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Feb. 1