Tan Company purchased $1,900,000 of Michelle, Inc., 7% bonds at par on July 1, 2021, with interest paid semi-annually. Tan determined that it should account for the bonds as an available-for-sale investment. At December 31, 2021, the Michelle bonds had a fair value of $2,190,000. Tan sold the Michelle bonds on July 1, 2022 for $1,710,000. Required: 1. Prepare Tan's journal entries for the following transactions: a. The purchase of the Michelle bonds on July 1. b. Interest revenue for the last half of 2021. c. Any year-end 2021 adjusting entries. d. Interest revenue for the first half of 2022. e. Any entries necessary upon sale of the Michelle bonds on July 1, 2022, including updating the fair-value adjustment, recording any reclassification adjustment, and recording the sale. 2. Complete the following table to show the effect of the Michelle bonds on Tan's net income, other comprehensive income, and comprehensive income for 2021, 2022, and cumulatively over 2021 and 2022