On July 1, 2015, Global Filter Corp. acquired the following bonds, which Global Filter Corp. intended to hold to maturity:

Bond PriceFace Amount Purchased Holden Corp. 9% bonds, maturity date December 31, 2020 104$ 385,000 . Callaho Inc. 7% bonds, maturity date, December 31, 2022 94 150,000

Both bonds pay interest annually on December 31. Premium and discount will be amortized on a straight-line basis. Assume Global Filter Corp. follows ASPE. Please make sure your final answer(s) are accurate to 2 decimal places.

1) Prepare the following journal entries to be made on their correct dates in 2015:

1. The acquisition of the investments. Accrued interest was paid on the acquisition dates, as appropriate.
2. The receipt of interest and the amortization of the premium or discount for Holden Corp.
3. The receipt of interest and the amortization of the premium or discount for Callaho Inc.