On January 1, 20X1, Tusk Company issued $300 million of bonds with a 6% coupon interest rate. The bonds mature in 10 years and pay interest annually on December 31 of each year. The market rate of interest on January 1, 20X1, for bonds of this risk class was 6%. Tusk Company closes its books on December 31. Tusk elected the fair value option under ASU 2016-1 to account for the bonds. Use the following links to the present value tables to calculate answers. (PV of 1, PVAD of 1, and PVOA of 1) (Use the appropriate factor(s) from the tables provided.) What journal entries will Tusk Company make during 20X1 to record the effects of the bonds if the market interest rate for these types of bonds is 9% at December 31, 20X1?