On October 1, Whiteside Ltd. purchased a 7% bond with a face value of $ 1,000 for trading purposes, accounting for the investment at fair value through net income. The bond was priced at 1.023 to yield Whiteside 5%, and pays interest annually each October 1. Whiteside has a December 31 year end, and at this date, the bond's fair value was $ 1,050. Assume Whiteside applies ASPE and follows a policy of reporting interest income separately from investment income. 1. How much will the credit be to interest income be for the December 31 journal entry? 2. How much is my credit to unrealized gain at December 31 in adjusting to fair value? 3. If Whiteside follows IFRS, what is the account credited by $17.50 on December 31? AJ