Question 3 (10 marks) On January 1, 2020 Alpha Ltd. invested $2,718,448 in bonds with a face value of $3,000,000, with a nominal interest rate of 6%, and semi-annual interest payments on June 30 and December 31 each year. The market rate of interest was 8% on January 1, 2020 and the bonds were set to mature in 6 years. The bonds had a market value of $2,970,000 on December 31, 2020. Alpha Ltd. uses IFRS. Required a) Using the Amortized Cost model, prepare all journal entries required on December 31, 2020. b) Using the Fair Value through Net Income model, prepare all journal entries required on December 31, 2020