On January 1, 2020, Buffalo Corporation purchased a newly issued $1,025,000 bond. The bond matured on December 31, 2022, and paid interest at 6% every June 30 and December 31. The market interest rate was 8%. Buffalo's fiscal year-end is October 31, and the company had the intention and ability to hold the bond until its maturity date. The bond will be accounted using the amortized cost model. Date Account Titles and Explanation Jan. 1, 2020 Bond Investment at Amortized Cost Cash June 30, 2020 Cash Bond Investment at Amortized Cost Interest Income Oct. 31, 2020 Interest Receivable Bond Investment at Amortized Cost Interest Income Dec. 31, 2020 Cash Bond Investment at Amortized Cost Interest Income Interest Receivable Dec. 31, 2022 Cash Bond Investment at Amortized Cost Interest Income Interest Receivable (To record collection of interest.) Dec. 31, 2022 Cash Bond Investment at Amortized Cost