Rants on-Lear Company buys and sells debt securities expecting to earn profits on short term differences in price. The companys fiscal year ends on December 31. The following selected transaction relating to Rantzow-Lears trading account occurred during December 2018 and the first week of 2019 2018 Dec. 17. Purchased 120 Grocers Supply Corp bonds for $420,000 Dec. 28. Received interest of $2800 from the Grocers Supply Corp bonds Dec. 31. Recorded any necessary adjusting entry relating to the Grocers Supply Corporation bonds. The market price of the bonds were $4000 per bond 2019 Jan. 5. Sold the Grocers Supply Corp bonds for $450,000 Required: Prepare the appropriate journal entry or entries for each transaction