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On January 1, 2018, the Cook's Restaurant decides to invest in Lake Myrth bonds. The bonds mature on December 31, 2023, and pay interest on June 30 and December 31 at 4% annually. The market rate of interest was 4% on January 1, 2018, so the $110,000 maturity value bonds sold for face value. Cook's intends to hold the bonds until December 31, 2023. Requirements 1. Journalize the transactions related to Cook's investment in Lake Myrth bonds during 2018. 2. In what category would Cook's report the investment on the December 31, 2018, balance sheet? Requirement 1. Journalize the transactions related to Cook's investment in Lake Myrth bonds during 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by journalizing Cook's investment in Lake Myrth bonds on January 1, 2018. Date Accounts and Explanation Debit Debit Credit 2018 Jan. 1 Available-for-Sale Debt Investments Cash Dividend Revenue Fair Value Adjustment-Available-for-Sale Fair Value AdjustmentHeld-to-Maturity Held-to-Maturity Debt Investments Interest Revenue Trading Debt Investments Unrealized Holding GainAvailable-for-Sale Unrealized Holding Loss-Held-to-Maturity Next, journalize Cook's receipt of interest on June 30, 2018. Date Accounts and Explanation Debit Credit 2018 Jun. 30 Now journalize Cook's receipt of interest on December 31, 2018. Date Accounts and Explanation Debit Credit 2018 Dec. 31