Prepare Garzon Company's journal entries to record the following transactions for the current year. Jan. 1 Purchases 94 bonds (as a hold-to-maturity Investment) issued by PBS at a cost of $53,600, which is the par value. July 1 Receives first semiannual payment of interent from PBS bonds. Dec. 31 Receives a check from PBS in payment of principal ($53,600) and the second semiannual payment of interest