Rantzow-Lear Company buys and sells debt securities expecting to earn profits on short-term differences in price. The company's fiscal year ends on December 31. The following selected transactions relating to Rantzow-Lear's trading account occurred during December 2018 and the first week of 2019 2018 Dec. 17 Purchased 105 Grocers' Supply Corporation bonds for $367,500 28 Received interest of $2,200 from the Grocers' Supply Corporation bonds. 31 Recorded any necessary adjusting entry relating to the Grocers' Supply Corporation bonds. The market price of the bonds were $4,000 per bond. 2019 Jan. 5 Sold the Grocers Supply Corporation bonds for $399,000 Required: 1. Prepare the appropriate journal entry or entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Date General Journal Debit Credit December Investment in Grocers' Supply bonds 367,500 Cash 367,500 December 28, 2018 Cash 2,200 Interest revenue 2,200 December 31, 2018 Fair value adjustment 420,000 Unrealized holding gain-NI 420,000 January 05, 4 Unrealized holding loss-NI 2,200 Fair value adjustment 2,200