On January 1.2021. Marin Inc. a public company purchased $580.000 of Pearl Corporation's five-year, 4% bonds for $606,744 when the market interest rate was 3%. Interest is received semi-annually on July 1 and January 1, Marin's year end is December 31. Marin intends to hold Pearl's bonds until January 1, 2026, the date the bonds mature. The bonds" fair value on December 31, 2021. was $590,000 Record the purchase of the bonds on January 1, 2021. (Credit account 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 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 (To record purchase of investment.) eTextbook and Media Question Part Score --/0.12 Prepare the entry to record the receipt of Interest on July 1, 2021. (Credit account 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 for the amounts. Round answers to decimal places, eg. 5.276) Date Account Titles and Explanation Debit Credit Jul. 1 Jul. 1 (To record collection of Interest on bonds.) eTextbook and Media Question Part Score --/0.12 Prepare the adjusting entry required at December 31, 2021. (Credit account 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 for the amounts. Round answers to decimal places.es 5,276) Date Account Titles and Explanation Debit Credit Dec. 31 > (To accrue Interest revenue.) eTextbook and Media Question Part Score --/0.12 Show the financial presentation of the bonds for Marin on December 31, 2021. (Round answers to decimal places, eg. 5,276) MARIN INC. Partial Balance Sheet eTextbook and Media Question Part Score --/0.12 Prepare the entry to record the receipt of interest on January 1, 2022. (Credit account 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 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1 (Collection of interest receivable.) eTextbook and Media Prepare the entry to record the receipt on maturity of the bonds on January 1, 2026. Assume the entry to record the last interest payment has been recorded. (Credit account 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 Ofor the amounts.) Debit Credit Date Account Titles and Explanation Jan. 1 To record maturity of bond investment.) eTextbook and Media Question Part Score --/0.12 How would your answers to parts (a) through (c) change if the bonds were purchased for the purpose of trading? (Credit account 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 for the amounts Round answers to decimal places, eg. 5,276.) Date Account Titles and Explanation Debit Credit Jan. 1 (To record purchase of investment.) Jul. 1 Todcollection hand