Post the appropriate amounts to the t-accounts below: Record the journal entries on the next page. 3. AFS Debt Investment and Financial Statement Presentation: On 4/30, Year 8, a corporation purchases a $10,000,8% stated rate bond for $9,652 (i.e., at 96.52) plus accrued interest of $267. The market rate or yield on the bond is 9.50%. It is accounted for as an AFS investment. The bonds mature on 12/31, Year 10 . The following fair values are for the dates indicated: Even though the investment is appropriately accounted for as AFS, the investor holds the bond until maturity date. Thus, the bond is settled at 12/31, Year 10 , at its maturity value of $10,000, which is also its fair value on that date. Complete the amortization table below, rounding to the nearest whole dollar after each calculation. Post the appropriate amounts to the t-accounts below: Journal Entries: \begin{tabular}{|l|l|r|l|} \hline 4/30/J8 & INVESTMENT IN AFS - DEBT & & \\ \hline & INTEREST RECEIVABLE & 267 & \\ \hline & CASH & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 6/30/8 & CASH & & \\ \hline & INVESTMENT IN AFS - DEBT & & \\ \hline & INTEREST RECEIVABLE & & \\ \hline & INTEREST INCOME & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/Y58 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/Js8 & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 6/30/Jx9 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/39 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/M99 & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 6/30/YH10 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/Jm10 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Maturity of the bond: \begin{tabular}{|l|l|r|r|} \hline 12/31/Mn10 & UNREALIZED GAIN OR LOSS - OCI & 117 & \\ \hline & FAIR VALUE ADJUSTMENT & & 117 \\ \hline & CASH & 10,000 & \\ \hline & INVESTMENT IN AFS - DEBT & & 10,000 \\ \hline \end{tabular} Post the appropriate amounts to the t-accounts below: Record the journal entries on the next page. 3. AFS Debt Investment and Financial Statement Presentation: On 4/30, Year 8, a corporation purchases a $10,000,8% stated rate bond for $9,652 (i.e., at 96.52) plus accrued interest of $267. The market rate or yield on the bond is 9.50%. It is accounted for as an AFS investment. The bonds mature on 12/31, Year 10 . The following fair values are for the dates indicated: Even though the investment is appropriately accounted for as AFS, the investor holds the bond until maturity date. Thus, the bond is settled at 12/31, Year 10 , at its maturity value of $10,000, which is also its fair value on that date. Complete the amortization table below, rounding to the nearest whole dollar after each calculation. Post the appropriate amounts to the t-accounts below: Journal Entries: \begin{tabular}{|l|l|r|l|} \hline 4/30/J8 & INVESTMENT IN AFS - DEBT & & \\ \hline & INTEREST RECEIVABLE & 267 & \\ \hline & CASH & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 6/30/8 & CASH & & \\ \hline & INVESTMENT IN AFS - DEBT & & \\ \hline & INTEREST RECEIVABLE & & \\ \hline & INTEREST INCOME & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/Y58 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/Js8 & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 6/30/Jx9 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/39 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/M99 & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 6/30/YH10 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline 12/31/Jm10 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Maturity of the bond: \begin{tabular}{|l|l|r|r|} \hline 12/31/Mn10 & UNREALIZED GAIN OR LOSS - OCI & 117 & \\ \hline & FAIR VALUE ADJUSTMENT & & 117 \\ \hline & CASH & 10,000 & \\ \hline & INVESTMENT IN AFS - DEBT & & 10,000 \\ \hline \end{tabular}