On July 1, 2019, Slick Rocks, Inc., purchased at par $350,000, 6 percent bonds of Sandstone Company as an investment that the management intends to hold for a few years but not to maturity. The bonds pay interest each June 30 and December 31. Slick Rocks' fiscal year ends on December 31. The following information pertains to the price of the Sandstone bonds: Bond Price $356,000 352,000 12/31/2019 12/31/2020 Slick Rocks sold the Sandstone bonds on June 30, 2021, at a price of $353,000. Prepare any journal entries that are required by the facts presented in the case. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Record the interest received for the period ending June 30, 2021 7 Recognize the fair value of investments on 12/31/2021. Reclassify the net unrealized gain (loss) in Other Comprehensive Income on the sale of investments on June 30, 2021. 9 Record the cash received from sale of investments on 10 July 1, 2021 On July 1, 2019, Slick Rocks, Inc., purchased at par $350,000, 6 percent bonds of Sandstone Company as an investment that the management intends to hold for a few years but not to maturity. The bonds pay interest each June 30 and December 31. Slick Rocks' fiscal year ends on December 31. The following information pertains to the price of the Sandstone bonds: Bond Price $356,000 352,000 12/31/2019 12/31/2020 Slick Rocks sold the Sandstone bonds on June 30, 2021, at a price of $353,000. Prepare any journal entries that are required by the facts presented in the case. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Record the interest received for the period ending June 30, 2021 7 Recognize the fair value of investments on 12/31/2021. Reclassify the net unrealized gain (loss) in Other Comprehensive Income on the sale of investments on June 30, 2021. 9 Record the cash received from sale of investments on 10 July 1, 2021