Problem 17-1 Presented below is an amortization schedule related to Grouper Company's 5-year, $170,000 bond with a 6% interest rate and a 4% yield, purchased on December 31, 2015, for $185,137. Bond Premium Carrying Amount of Bonds Cash Interest Date Received Revenue Amortization $185,137 182,342 179,436 176,413 173,270 170,000 12/31/15 12/31/16 s10,200$7,405 7,294 7,177 7,057 6,930 $2,795 2,906 3,023 3,143 3,270 12/31/17 10,200 12/31/18 10,200 10,200 10,200 12/31/19 12/31/20 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 $182,342 $179,436 $176,413 $173,270 $170,000 $181,700 $181,600 $178,300 $174,400 $170,000 Amortized cost Fair value (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. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Date Account Titles and Explanation Debit Credit