The Bradford Company issued 10% bonds, dated January 1, with a face amount of $50 million on January 1, 2021 to Saxton-Bose Corporation. The bonds mature on December 31, 2030 (10 years). For bonds of similar risk and maturity, the market yield is 12%. Interest is paid semiannually on June 30 and December 31. (FV of $1, PV of $1, EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) Required: 1. to 3. Prepare the journal entries to record the purchase of the bonds by Saxton-Bose on January 1, 2021, interest revenue on June 30, 2021 and interest revenue on December 31, 2021 (at the effective rate). (Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the purchase of the bonds by Saxton-Bose, Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021 Investment in bonds 50,000,000 Discount on investment in bonds Cash Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the interest revenue on June 30, 2021. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2021 Record entry Clear entry View general journal View transaction list Journal entry worksheet 2 Record the interest revenue on December 31, 2021. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2021 Record entry Clear entry View general journal