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Stellar Company purchased, on January 1, 2017, as a held-to-maturity investment, $86,000 of the 10%, 5 year bonds of Chester Corporation for $79,800, which provides

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Stellar Company purchased, on January 1, 2017, as a held-to-maturity investment, $86,000 of the 10%, 5 year bonds of Chester Corporation for $79,800, which provides an 12% return. I entries for (a) the purchase of the investment, and (b) the receipt of annual interest and discount amortization. Assume effective-interest amortization is used. Round answers to O decimal places, eg 1,.225, Credlt account tltles are automaticlly Indented

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