On July 1, 2020, Sarasota Company purchased $4,070,000 of Duggen Companys 8% bonds, due on July 1, 2027. The bonds, which pay interest semiannually on January 1 and July 1, were purchased for $3,590,000 to yield 10%. These bonds are classified as available-for sale and they have a fair value at December 31, 2020, of $3,691,800, prepare the journal entry (if any) at December 31, 2020, to record this transaction.