On October 1, 2020, Rudy Ltd. purchased a 7% bond with a face value of $ 10,000 for trading purposes, accounting for the investment at fair value through net income. The bond was purchased for $10,230 to yield 5%. The bond pays interest annually each October 1. Rudy Ltd. has a December 31 year-end, and at this date, the bond's fair value was $ 10,500. Assume Rudy Ltd. applies IFRS and follows a policy of not reporting interest income separately from investment income. Instructions a) Prepare Rudy Ltd. entry for the purchase of the investment. b) Prepare Rudy Ltd. entry for the December 31 interest accrual. c) Prepare Rudy Ltd. entry for the year-end fair value adjustment. d) Prepare an amortization for this bond from Oct. 1. 2020 to Oct. 1, 2022