On January 1, 2020 Beta Co acquires bonds issued by Delta co. The bonds mature December 31, 2022 and interest is payable annually on December 31. Beta pays $278,384 to acquire $300,000 of 10% bonds. The yield for the bonds is 11%. The amortization schedule assuming the effective interest method, round to the nearest dollar for this investment is. Face 300000 Face rate 10% yield 11% 1/1/2020 0 292,669 12/31/2020 30,000 32,194 2,194 294,863 12/31/2021 30,000 32,435 2,435 297,297 12/31/2022 30,000 32,703 2,703 300,000 1. Assuming Beta categories this investment as Held-to-Maturity, prepare the journal entry to record the receipt of interest and amortization at 12/31/2020