The following information relates to the Starr Company's investment in Available for sale bonds account for 2010: Jan 1. Purchased $30,000 face value of Bradford Company 8% at 97 yield 10%; interest on the bonds is payable each June 30 and December 31 Jan1. Purchased $40,000 face value of Morris Company 10% bonds at 101 to yield 9.8% interest on the bonds is payable each June December 31 On June 30, collected the interest and the following information is available: Security Fair Value Bradford Company 8% 97.2 Morris Company10% 102.0 July 1. Purchased $25,000 face value of Whipple Corporation 11% bonds at 92 yield 12% interest on the bonds is payable each June 30 and December 31 Nov 30. Sold the Whipple bonds at 91 plus accrued interest Security Fair Value Security Bradford Company 8% 96 Prepare Journal entries to record the previous information for 2010. Use the effective interest Method and round all amounts to the nearest dollar. Assume the Starr prepares semiannual financial statements.