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Tanner - UNF Corporeuon acquired as an imestmen $ 2 3 5 milion of 8 % , bonds, dated July 1 , on July 1

Tanner-UNF Corporeuon acquired as an imestmen $235 milion of 8%, bonds, dated July 1, on July 1,2024 Company manurty Tanner-UNF paid $200 milion for the bonds. The compary will receive interest semiannually an June 30 and December of As a resul of changing market condisions, the thir Volue of the bonds at December 31,2024, was $215 mition.
Required:
1, & 2. Prepere the joumal enry to record Tonner-UNFis wwestment in the bonds on July 1,2024 and interest on December 31,2024, at the effective (market) tate. sheet.
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