On September 30, 2018. Protex, Inc.. purchased 8.0% bonds of Hammond Corporation at 96 as a long-term, held-to-maturity investment. The maturity value of the bonds will be $10,000 on September 30, 2023. The bonds pay interest on March 31 and September 30. Protox's fiscal year end is December 31 Read the requirements Requirement 1. What method should Protex use to account for its investment in the Hammond Corp. bonds? Protex should use the method to account for its investment in the Hammond Corp bonds. Requirements 1. What method should Protex use to account for its investment in the Hammond Corp. bonds? 2. Using the straight-line method of amortizing the discount on bonds. Journalize all of Protex's transactions on the bonds for 2018 3. Show how Protex would report everything related to the bond investment on its balance sheet at its year-end, December 31, 2018 Print Done