Tanner-UNF Corporation acquired as a long-term investment S220 milion of 6% bonds, dated July 1, on July 1, 2018, The market interest rate yield was 8% for bonds of similar risk and maturity Tanner UNF paid S190 milion for the bonds. The company will receive interest semiannually on June 30 and December 31. Company management is holding the bonds in its trading portfolio. As a result of changing market conditions, the fair value of the bonds at December 31. 2018, was $200 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 3. Prepare any additional journal entry necessary for Tanner-UNF to reportins Investment in the December 31. 2018, balance sheet. 4. Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2,2019, for $180 million. Prepare the journal entries to record the sale Complete this question by entering your answers in the tabs below. Rea 1 and 2 Rea 3 Req 4 Suppose Moody's bond rating agency downgraded the risk rating of the bonds motivating Tanner-UNF to sell the investment on January 2, 2019, for $180 million. Prepare the journal entries to record the sale. (If no entry is required for a transaction/event, select vo journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place, (I.e., 5,500,000 should be entered as s.5).) Show less View transaction list View journal entry worksheet Unreaized holding loss-NI 1800 Discount on bond investment Investment in bonds 220 Reg 3