Tanner-UNF Corporation acquired as a long-term investment $245 million of 8% bonds, dated July 1, on July 1, 2018 The market interest rate (yield) was 10% for bonds of similar risk and maturity Tanner-UNF paid $200 million for the bonds. The company will receive interest semiannually on June 30 and December 31. Company management has classified the bonds as available-for-sale investments. As a result of changing market conditions, the fair value of the bonds at December 31, 2018, was $205 million Required 1. & 2. Prepare the journal entry to record Tanner-UNF's investment in the bonds on July 1, 2018 and interest on December 31, 2018, at the effective (market) rate additional journal entry necessary for Tanner-UNF to report its investment in the December 31, 2018, balance sheet onds motivating Tanner-UNF to sell the investment on 4. Suppose Moody's bond rating agency downgraded the risk rating of the b January 2, 2019, for $180 million. Prepare the journal entries necessary to record the sale, including updating the fair-value adjustment recording any reclassification adjustment, and recording the sale Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3Req 4