Sandersy Sensations Company purchases fifteen $1,000,7%, 16-year bonds issued by Poole Company for $13,660 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 8%. Interest is received semiannually on June 30 and December 31. 1. & 2. Record the necessary entries regarding the bonds. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet