Presented below is an amortization schedule related to Sage Company's 5-year, $130,000 bond with a 8% interest rate and a 5% yield, purchased on December 31, 2015, for $146,886. Cash Interest Received Revenue Bond Premium Amortization Carrying Amount of Bonds Date 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 $10,400 10,400 10,400 10,400 10,400 $7,344 7,192 7,031 6,863 6,684 $3,056 3,208 3,369 3,537 3,716 $146,886 143,830 140,622 137,253 133,716 130,000 The following schedule presents a comparison of the amortized cost and fair value of the bonds at year-end: 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 Amortized cost $143,830 $140,622 $137,253 $133,716 $130,000 Fair value $143,200 $142,800 $139,200 $134,900 $130,000 (a) Prepare the journal entry to record the purchase of these bonds on December 31, 2015, assuming the bonds are classified as held-to-maturity securities. (b) Prepare the journal entry related to the held-to-maturity bonds for 2016 (c) Prepare the journal entry related to the held-to-maturity bonds for 2018. (d) Prepare the journal entry to record the purchase of these bonds, assuming they are classified as available-for-sale. (e) Prepare the journal entries related to the available-for-sale bonds for 2016. (f) Prepare the journal entries related to the available-for-sale bonds for 2018. Debit Credit No. Date (2) Dec. 31, 2015 Account Titles and Explanation Debt Investments Cash 146,886 (6) Dec 31, 2016 Cash 10400 Debt Investments 3056 Interest Revenue 7344 (c) Dec 31, 2018 Cash 10400 Debt Investments 3,208 | Interest Revenue 7,192 (d) Dec 31, 2015 Debt Investments 146,886 146,886 (e) Dec. 31, 2016 Cash 10400 Debt Investments 3056 17 7 Interest Revenue 7344 341 (To record interest revenue.) Unrealized Holding Gain or Loss - Equity Fair Value Adjustment 2178 (0 TDec. 31, 2018 (To record adjustment.) cash ,400 Debt Investments 3,369 Interest Revenue 7,031 (To record interest revenue.) Unrealized Holding Gain or Loss - Equity 1948 Fair Value Adjustment 1948 (To record adiustment.)