The Bradford Company issued 8% bonds, dared January 1, with a face amount of $75 million on January 1, 2013 to Saxton-Bose Corporation The bonds mature on December 31, 2017 (5 years). For bonds of similar risk and maturity the market yield is 10%. Interest is paid semiannually on June 30 and December 31 (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1, and PVAD of $1) (Use appropriate factor(s) from the tables provided.): Prepare the journal entry to record the purchase of the bonds by Saxton Bose on January 1, 2013. (Enter your answers in whole dollars. If no entry is required for a transaction, select "No journal entry required' in the first account field.)