On January 1, 2021. Dawson Construction sold $800,000 of 6% bonds to Sowell Enterprise. The bonds mature on December 31, 2024 (4 years). For bonds of similar risk and maturity, the market yield was 8%. Interest is paid semiannually on June 30 and December 31 I Sowell Enterprise purchased the bonds as an investment and plans to hold the bonds for approximately 2 years The fair value of the bonds at 12/31/21 was $745,000. Sowell's fiscal year end is December 31 and 2020 was its first year of business 5. Assume Sowell sells these bonds on 3/1/23 for $765.100. Prepare all journal entries required on 3/1/23. Show your work Accrue interest as of 3/1/23: Adjust to fair value as of 3/1/23: I Reclassification entry as of 3/1/23: Record the sale of the investment on 3/1/23