please answer all for like

Starship Enterprises enters into the following transactions during 2016 and 2017 . Required: 1. Prepare all necessary joumal entries on Starship's records to account for irs investment in the Northerm Lighis bonds. 2. Why was Starship able to sell its Northem Lighs bonds for $257.500.00 ? Chart of Accounts CHART OF ACCOUNTS Starship Enterprises General Ledger ASSETS REVENUE 111 Cash 411 Sales Revenue 117 Investment in Northern Lights Bonds 422 Interest Revenue 121 Accounts Receivable 491 Gain on Sale of Bonds 141 Inventory 152 Prepaid Insurance EXPENSES 154 Supplies 500 Cost of Goods Sold 174 Equipment 521 Salaries and Wages Expense 179 Accumulated Depreciation 532 Utilities Expense 533 Insurance Expense LIABILITIES 534 Rent Expense Chart of Accounts 152. Prepaid Insurance EXPENSES 154 Supplies 500 Cost of Goods Sold 174 Equipment 521 Salaries and Wages Expense 179 Accumulated Depreciation 532. Utilities Expense 533 Insurance Expense LIABILITIES 534 Rent Expense 211 Accounts Payable 537 Supplies Expense 231 Salaries and Wages Payable 541 Depreciation Expense 235 Notes Payable 551 Advertising Expense 261 income Taxes Payable 559 Miscellaneous Expenses 810 Interest Expense EQUITY 812 Loss on Sale of Bonds 311 Capital Stock 910 Income Tax Expense 331 Retained Earnings year 2. Starship was able to sell its Northern Lights bonds for $257,500.00 which is more than the bonds will pay because: a. the bonds carry a lower periodic interest than the market rate of interest that was in effect at the time of the sale b. the bonds carry a higher periodic interest than the market rate of interest that was in effect at the time of the sale c. the bonds were sold at face value in 2016 d. none of the above