On January 1, 2021, Cheyenne Corp. purchased $50,000 of Robbin Company's 3.5%,10-year bonds for $46,800, since the market rate was approximately 4.0%. The bonds pay interest on January 1 and July 1 . Cheyenne Corp. has a calendar year end, and classified the bonds as a long-term investment. On December 31,2021, the fair value of these bonds was $53,000. On January 2, 2022, Cheyenne sold the bonds for $53,000 Prepare the required entries to record the above transactions and events. (If no entry is required, select "No Entry" for the account tittes and enter O for the amounts. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, eg. 5,275. List all debit entries before credit entries)