On January 1, 2021, Swifty Ltd. paid $361,474.09 for 12% bonds of Variation Ltd. with a maturity value of $336,000. The bonds provide the bondholders with a 108 yield. They are dated January 1,2021, mature on January 1, 2026, and pay interest each December 31. Swifty acquired the bond investment as part of its portfolio of trading securities and it accounts for the bonds at FV-NI, following IFRS. At December 31,2021, Swifty's year end, the bonds had a fair value of $359,200.00. During 2022, the economic outlook related to Variation's primary business took a major downturn, so that Variation's debt was downgraded. By the end of 2022, the bonds were priced at 85.5, and at December 31, 2023, they were selling in the market at 87 . Conditions reversed in 2024 and the outlook for Varlation significantly improved, leaving its bonds with a falr value of 99.5 at December 31,2024. (a) Your answer is correct. Prepare a bond amortization table for the four-year period ended December 31, 2024. (Round answers to 2 decimal places, eg 52.75.) - Your answer is partlally correct. Prepare the entries to record Swifty's purchase of the bonds on January 1, 2021, the recognition of interest income and interest received on December 31, 2021, and the fair value adjustment required at December 31, 2021. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Round answers to 2 decimal places, eg. 52.75.) te