On January 1, 2025, Carla Company purchased 13% bonds having a maturity value of $308,000 for $330,766.44. The bonds provide the bondholders with a 11% yield. They are dated January 1, 2025, and mature January 1, 2030, with interest received on January 1 of each year. Carla Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows. 2025 $328,700 2028 $317,300 2026 $316,400 2029 $308,000 2027 $315,400 (a) Prepare the journal entry at the date of the bond purchase. (b) Prepare the journal entries to record the interest revenue and recognition of fair value for 2025. (c) Prepare the journal entry to record the recognition of fair value for 2026. (List all debit entries before credit entries. Credit account titles are automatically indented when 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. Round answers to 2 decimal places, eg. 1225.25) No. Date Account Titles and Explanation. Debit Credit (a) (b) No. Date Account Titles and Explanation Debit Credit (a) (b) (c) (To record interest received) (To record fair value adjustment).