On January 1, 2020, the HHI Company purchased 10% coupon-rate bonds with a face value of $250,000. The maturity date is December 31, 2030. The interests are paid semiannually on June 30 and December 31. The market interest rate (yield) was 12%. The bonds were classified as held-to-maturity. Required: Prepare journal entries to record: (1) the purchase of the bonds on January 1, 2020; (2) the necessary adjustments on June 30, 2021 (3) the necessary adjustments on December 31, 2021 Show the necessary calculations. For each step in the calculation, round to 2 decimal places (besically round to nearest cent). Hint: Constructing a bond premium/amortization schedule will be useful. Use the PV tables provided with your Answer Booklet. Using the calculator may cause you to get slightly different answers.