Please answer.

Salt Foods purchases sixty $1,000,5%,10-year bonds issued by Pretzelmania, Incorporated, for $60,000 on January 1. Salt Foods receives interest semiannually on June 30 and December 31 . How will the investment in bonds and the receipt of the first interest payment affect the financial statements? Complete this question by entering your answers in the tabs below. Salt Foods purchases sixty $1,000,5%,10-year bonds issued by Pretzelmania, Incorporated, for $60,000 on January 1 . Note: Amounts to be deducted should be indicated by a minus sign. Salt Foods purchases sixty $1,000,5%,10-year bonds issued by Pretzelmania, Incorporated, for $60,000 on January 1 . Salt Foods receives interest semiannually on June 30 and December 31 . How will the investment in bonds and the receipt of the first interest payment affect the financial statements? Complete this question by entering your answers in the tabs below