On February 1, 2024, Clark Co. decides to invest excess cash of $18,600 by purchasing a Hunter, Inc. bond at face value. At year-end, December 31,2024 , the fair value of the Hunter bond was $20,300. The investment is calegorized as a trading debt inwestment. Read the teguitements. Requirement 1. Joumalize the transactions for Clark's investment in Hunter, Ine. for 2024. (Record dobits first, then credits, Seloct the explanation on the last line of the jourmal entry tabla. If no entry is required, seloct "No entry required" on the firt line of the Accounts and Explanation column and leave the remaining calls blank.) Begin by joumalizing Clark's imvestment in the Hunter, Inc., bond. Requirements 1. Joumalize the transactions for Clarks imvestment in Hunter, Inc, for 2024. 2. In what category and at what value would Clark report the asset on the December 31, 2024, balance sheet? In what account would the market price change in Hunter's bond be reported, if at all? 3. What was the net effect of the irvestment on clark's net income for the year ended December 31, 2024