On January 1, 2018, Ambrosia Corp. purchased 7% 5-year bonds with face value of $600,000. The bonds were dated January 1, 2018, and would mature on January 1, 2023. The bonds would pay interest twice a year, on July 1 and January 1. Ambrosia paid $652,513 for the bonds to yield 5% (market rate). Ambrosia accounted for the bonds at FV-OCI. Ambrosia's fiscal year end was December 31. Fair values of the bonds on December 31, 2018 and 2019 respectively were: 2018 $625,648 2019 $699,408 a. Prepare a table to show interest income, interest received and premium or discount amortization for the bonds for the first 3 years. Cash Received Interest Income Premium/discount FV-OCI Investment amortization b. Prepare all necessary journal entries in 2018, to record interest income and an adjustment to fair value. 1 C. The bonds were sold on July 1, 2020 at 112, immediately after collecting interest due on that date. Prepare all necessary journal entries for the sale of the bonds.