Raman Company is a public company. It decided to purchase a $244,000, 90-day treasury bill (T-bill) on March 1, 2016 for $242,208. The investment will mature on May 29, 2016. Kaman plans to hold this investment until maturity. The market rate for this type of T-bill is set at 3% annually. The company's year-end is March 31. Required Prepare journal entries for the acquisition, year end and maturity date. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Date Account Title and Explanation Debit Credit Mar 1 To acquire 90-day T-bill Mar 31 To accrue interest revenue and amortize discount May 29 To accrue interest revenue and amortize discount May 29 To record receipt of cash at maturity