On July 1, 2021, Juan Inversionista purchased as an investment with the intention of holding them until maturity (held-to-maturity) bonds issued by Amazon at a cost equivalent to their maturity value of $50,000. The bonds pay interest at 6% per year to the semi-annual payable every December 31 and June 30. As of December 31, 2021, Amazon bonds have a fair value of $46,000.

1. Make the July 1, 2021 journal entry to record the purchase of the debt investment.

2. Make the journal entry to record the interest payment on December 31, 2021.

3. Make the journal entry to record the change in the value of debt investments as of December 31, 2021.

4. Make the daily payment for the collection of the investment in debt at maturity.