Solve the following problems 1. Powerful Company purchased the following securities during 2020. All of which are classified as financial assets at fair value through profit or loss. April 1 100 of 10 pct P10,000 face value Peach Company bonds due April 1,2030. Interest is payable April 1 and Oct 1. The bonds were purchased at 101. July 1 Buttercup Corp 12 pct Bonds P150,000 FV dated March 1, 2020 purchased at face value plus accrued interest.. Interest is payable annually on March 1, the bonds are due on March 1,2030. The fair values at December 31, 2020 are as follows: Peach Company bonds 99% Buttercup Corp bonds 102% Required: Give all entries during 2020 including adjusting entries at December 31,2020. Provide the carrying value of all securities as of December 31, 2020