Rantzow-Lear Company buys and sells debt securities expecting to earn profits on short-term differences in price, and holds these investments in its trading portfolio. The company's fiscal year ends on December 31. The following selected transactions relating to Rantzow-Lear's trading account occurred during December 2021 and the first week of 2022 2021 Dec. 12 Purchased 180 Grocers' Supply Corporation bonds at par for $45e,eee 28 Received interest of $5,200 from the Grocers' Supply Corporation bonds 31 Recorded any necessary adjusting entry relating to the Grocers' Supply Corporation bonds. The market price of the bond was $3,80 per bond. 2022 Jan.5 Sold the Grocers Supply Corporation bonds for $513 .. Required: 1. Prepare the appropriate journal entry or entries for each transaction 2. Indicate any amounts that Rantzow-Lear Company would report in its 2021 balance sheet and income statement as a result of this investment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 Journal entry worksheet A 5 Sold the Grocers' Supply Corporation bonds for $513.000. Notater det for Date January 05,2022 General Journal Debit Credit Record entry Clear entry