On January 1, 2017,TamariskCompany purchased11% bonds, having a maturity value of $274,000, for $295,314.87. The bonds provide the bondholders with a9% yield. They are dated January 1, 2017, and mature January 1, 2022, with interest received on January 1 of each year.TamariskCompany uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows.

2017$293,000

2018$283,700

2020$284,700

2019$282,800

2021$274,000

(a)Prepare the journal entry at the date of the bond purchase.

(b)Prepare the journal entries to record the interest revenue and recognition of fair value for 2017.

(c)Prepare the journal entry to record the recognition of fair value for 2018.

(Round answers to 2 decimal places, e.g. 2,525.25. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No. Date Account Titles and Explanation Debit Credit

(a) Jan 1, 2017 Debt investment 295314.87

Cash 295314.87

(b) Dec 31, 2017 Interest receivable 30140.00

Debt investments 3561.66

Interest revenue 26578.34

(To record interest received)

Fair value adjustment 1246.71

Unrealized holding Gain or loss equity 1246.71

(c) Dec 31, 2018 Unrealized holding gain or loss equity My number is wrong

Fair Value adjustment My number is wrong

Can you please help me with part C.

number is wrong