On January 1, 2018, whittington Stoves issued $880 million or its 10% bonds for $816 million The bonds were priced to yield 12% Interest is payable semiannualy on June 30 and December 31 Whittington records interest at the effective rate and elected the option to report these bonds at their fair value. On rate of interest, On December 31, 2018, the tair value of the bonds was $832 million as determined by their market value on the NYSE e million dollars of the increase in fair value was due to a change in the general (risk-free) Required 1. Prepare the journal entry to record interest on Jurte 30, 2018 (the first interest payment) 2. Prepare the journal entry to record interest on December 31, 2018 (the second interest payment). 3. Prepare the journal entry to adjust the bonds to their fair value for presentation in the December 31. 2018, balance sheet Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required3 Prepare the journal entry to record interest on June 30, 2018 (the first interest payment). tt no entryis required for a transactiorvevent, select "No journal entry required' in the first account field. Enter your answeri in whole dollars.) View transaction list Journal entry worksheet Record the interest on June 30, 2018. Note: Enter debts before credit