On January 1, Dora purchases 175 of the $1,000, 7%, 15-year bonds issued by Splash City, with interest receivable semiannually on June 30 and December 31 each year. The bonds were issued at face amount. Required: 1. How will the purchase of the bonds by Dora on January 1 affect the financial statements? 2. How will the receipt of the first semiannual interest payment on June 30 affect the financial statements? Complete this question by entering your answers in the tabs below. Required 1 Required 2 How will the purchase of the bonds by Dora on January 1 affect the financial statements? Note: Amounts to be deducted should be indicated by a minus sign. Assets Balance Sheet Liabilities Income Statement Stockholders' Equity Revenues & Gains Expenses & Losses Net Income Common Stock Retained Earnings < Required 1 Required 2 >