Pharoah Corporation purchased, as a held-to-maturity investment, $64,000 of the 8%, 6-year bonds of Harrison, Inc. for $70,370, which provides a 6% return. The bonds pay interest semiannually. Prepare Pharoahs journal entries for (a) the purchase of the investment, and (b) the receipt of semiannual interest and premium amortization. Assume effective-interest amortization is used.