Sunland Corporation had the following transactions pertaining to debt investments. 1. Purchased 40 Leeds Co.8% bonds (each with a face value of $1,000 ) for $40,000 cash. Interest is payable annually on January 1,2022 2. Accrued interest on Leeds Co. bonds on December 31,2022 . 3. Received interest on Leeds Co. bonds on January 1, 2023. 4. Sold 30 Leeds Co. bonds for $34,500 on January 1, 2023