On July 1, 2020, Segura Corporation acquired the following bonds, which management's business model is to hold to maturity:

Bond		Price	Face Amount Purchases
Stake Technology Inc. 11% bonds, maturity date December 31, 2025		102	$385,000
Ludwig Inc. 9% bonds, maturity date, December 31, 2027		92	150,000

1) Prepare the following journal entries to be made on their correct dates in 2020:

The acquisition of the investments. Accrued interest was paid on the acquisition dates, as appropriate.

The receipt of interest and the amortization of the premium or discount for Stake Technology Inc.

The receipt of interest and the amortization of the premium or discount for Ludwig Inc.

Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan).

2) Show the accounts and the corresponding amounts that would be reported in the 2020 income statement related to these investments.

	2020

3) Calculate the balance for each investment account on the financial statement date

	2020