Please answer the balance sheet part the other part is correct

Rantzow-Lear Company buys and sells debt securltles expectlng to earn profits on short-term dlfferences In prlce, and holds these Investments In Its tradlng portfollo The company's fiscal year ends on December 31 The followlng selected transactlons relatlng to Rantzow-Lear's tradlng account occurred durlng December 2024 end the first week of 2025_ December 17, December 28, December 31, January S, Requlred: 224 224 224 2e2s Purchased 12e Grocers' Supply Corporation bonds at par for S42e,aee. Received interest of 52, See from the Grocers' Supply Corporation bonds. Recorded any necessary adjusting entry relating tc the Grocers' Supply Corporation bonds. the bond was S4,eee per bond. Sold the Grocers' Supply Corporation bonds for Sese,eee. The market price of 1. Prepare the approprlele Journal entry or entrles for each transectlon 2. Indlcate any amounts that Rentzow-Leer Compony would report In Its 2024 balance sheet and Income statement as a result of TIs Investment Ignore Income taxes. Answer is not complete. Complete this question by entering your answers in the tabs below. Rquired 1 Requird 2 Indicate any amounts that Rantzow-Lear Company would report in its 2024 balance sheet and income statement as a result of this investment. Ignore income taxes. Balance Sheet December 31, 2024 Investment In &ynds Income Statement: Interest revenue Gain on investments 480,000 2.800 60.000 Required I Required 2