On January 1, 2020, Headland Company purchased $310,000,6% bonds of Aguirre Co. for $284,855. The bonds were purchased to yield 8% interest. Interest is payable semiannually on July 1 and January 1 . The bonds mature on January 1, 2025. Headland Company uses the effective-interest method to amortize discount or premium. On January 1, 2022, Headland Company sold the bonds for $286,344 after receiving interest to meet its liquidity needs. for the account titles and enter 0 for the amounts.)