PART B On Jan 1, 2019, FMT purchased thousand shares of the following bonds issued by Mint. Coupon rate: 3% Maturity Date: 12/31/2025 Payment Frequency: Semi-annual (June 30 and December 31) ** Face value per share: $100 The total face value of the investment is $100,000. On the purchase day, the yield (market rate) was 3.58%. The market prices per share for the bonds on the last trading day of each year are as the following: 2019: $97.75 2020: $91.17 2021: $95.141 On Jan 2, 2022, FMT sold all the shares of the Mint's bonds at $97 per share. (Show your answers in Dollars, rounded to two decimal points when necessary. Ignore tax implications.) 1) Prepare an amortization table for the investment in Mint's bonds (from 2019 to 2025). 2) Prepare the following table. Zoom Out Date Amortized Cost Fair Value Fair Value Adjustment, desired Balance 12/31/2019 12/31/2020 12/31/2021 1/2/2022 97000 Change to be made to Fair Value Adjustment 3) Make journal entries and prepare the following summary table for 2019-2022, assuming the bonds were classified as held-to-maturity (HTM) securities. Income Statement Effect Interest Revenue YEAR: 2019 2020 2021 2022 Gain (Loss) on Investment (Unrealized-NI) Gain (Loss) on sale (Realized-NI) Net Income Gain (Loss) on Investment (Unrealized-OCI) Reclassification adjustment (OCI) Other Comprehensive Income (OCI) Comprehensive Income (CI) Balance Sheet Balances 3 Amortized Cost Fair Value Adjustment balance Investment in Bonds (net book value) Cash Flow Statement Effect Cash Flow from operating activities Cash Flow from investing activities 4) Make journal entries and prepare the summary table for 2019-2022 (as in 3)), assuming the bonds were classified as trading securities. 5) Make journal entries and prepare the summary table for 2019 Zoom Out, assuming the bonds were classified as available for sale securities