On January 2, 2021 Wagner purchases $15 million, 4%, 15-year bonds for $13,430,187. Interest is paid semi-annually on June 30 and December 31. The market rate of interest was 5% for bonds of similar risk. Wagner is not sure whether or not it will hold onto the bond for all 15 years. For all journal entries use the word DEBIT before every account you debit and use the word CREDIT before every account you credit. 1. Make the journal entry on January 2, 2021 for Wagner. 2. Make all journal entries Wagner would need to make related to interest on the bond in 2021. Wagner uses the effective interest method. 3. On December 31, 2021 the fair value of the bonds are $13,550,000. Record any journal entries Wagner would need to make (if any) related to this information on December 31, 2021. 4. Make all journal entries Wagner would need to make related to interest on the bonds in 2022. 5. On December 31, 2022 the fair value of the bonds are $13,910,000. Record any journal entries Wagner would need to make (if any) related to this information on December 31, 2022. 6. On January 2, 2023. Wagner sells the bond for $13,910,000. Record any journal entries related to this transaction that Wagner would need to make on this date