On January 1, 2021, Laura Company purchased $930,000 of 10% bonds at face value. Interest is payable once a year on January 1. The bond market value was $980,000 on December 31, 2021. There was no balance in the fair value adjustment account. Required: Prepare the appropriate journal entries for 2021 assuming the bonds are classified as: 1. Trading securities. 2. Available for sale securities. 3. Held to maturity securities.