Tamarisk Company loans Sarasota Company $2,080,000 at 6% for 3 years on January 1, 2020. Tamarisk intends to hold this loan to maturity and has the financial ability to do so. The fair value of the loan at the end of each reporting period is as follows. December 31, 2020 $2,129,000 December 31, 2021 2,100,000 December 31, 2022 2.080,000 Prepare the journal entrylies) at December 31, 2020, and December 31, 2022, for Tamarisk related to these bonds, assuming (a) it does not use the fair value option, and (b) it uses the fair value option. Interest is paid on January 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) No. Date Debit Credit Account Titles and Explanation Interest Expense (a) Dec 31, 2020 124800 Interest Revenue 124800 Dec. 31, 2022 Interest Expense 124800 Interest Revenue 124800 No. Debit Credit Date Dec. 31, 2020 Account Titles and Explanation Interest Expense (b) 124800 Interest Revenue 124800 (To record interest revenue) Debt Investments 49000 49000 Unrealized Holding Gain or Loss -Income (To record fair value adjustment) Dec 31, 2022 Interest Expense 124800 Interest Revenue 124800 (To record interest revenue) Debt Investments 0 Unrealized Holding Gain or Loss -Income 0 (To record fair value adjustment)