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Simon Inc. purchased 50 Medvedev Company 6%,10-year, $1,000 bonds on January 1,2022 for $50,000 The bonds pay interest annually. On January 1, 2023, after receipt

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Simon Inc. purchased 50 Medvedev Company 6%,10-year, $1,000 bonds on January 1,2022 for $50,000 The bonds pay interest annually. On January 1, 2023, after receipt of interest, Simon Inc sold 30 of the bonds for $28,100. Prepare the joumal entries to record the four transactions listed above

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