On January 1,2020 , lvanhoe Company purchasad 135 bonds, having a maturity value of $321,000 for $344,727.36. The bonds provide the bondholders with a 11% yiald. They ars dated January 1,2020 , and mature January 1,2025 , with intarest received on January 1 of each yzar. lvanhoe Company uses the effective-intarest mathod to allocate unamortized discount or pramium. The bonds arz classitied as avalable-for-sala categary. The fair value of the bonds at December 31 of aach yaar-end is as follows. (a) Prapara the journal antry at the date of the bond purchase (b) Prapars the journal entrias to record the interast revenue and racognition of fair value for 2020 . (c) Prapars the journal antry to record the recognition of fair valus for 2021. (Round answers to 2 decimal places, ec. 2,525.25. 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.)