On January 1,2023 , Sunny Land LLC purchased $1 million par value of Smith Company's 5% bonds that will mature on December 31, 2032. Sunny Land paid $925,617 for the bonds due to market expectations of a 6% return on bonds similar to the Smith bonds. Interest is paid on June 30 th and December 31 st of each year. At the purchase of the bonds, Sunny Land elected to account for the bonds as Available for Sale. On December 31 , 2023 , market conditions valued the bonds at $868,102. REQUIRED: Prepare the following entries for Sunny Land LLC. 2-1 Prepare the journal entry to record the purchase of the Smith bonds. 2-2 Prepare the journal entry on June 30,2023 for the interest received. 2-3 Prepare the journal entry on December 31,2023 for the interest received. 2-4 Prepare any required year-end 2023 adjusting entries