P9.9 The following information relates to the debt securities investments of Wild Company: 1. On February 1, the company purchases 10% bonds of Gibbons Co. having a par value of $300,000 at 100 plus accrued interest. Interest is payable April 1 and October 1. 2. On April 1, semi-annual interest is received. 3. On July 1. 9% bonds of Sampson Inc. are purchased. These bonds with a par value of $200,000 are purchased at 100 plus accrued interest. Interest dates are June 1 and December 1. 4. On October 1, semi-annual interest is received. 5. On December 1, semi-annual interest is received. 6. On December 31, the fair values of the bonds purchased on February 1 and July 1 are 95 and 93, respectively. Instructions a. Prepare any journal entries you consider necessary, including year-end entries (December 31), assuming these are PV-OCI securities. b. If Wild Company classified these as cost/amortized cost, explain how the journal entries would differ from those in part (a)