TIUDICUL Your answer is partially correct. Try again. Presented below is an amortization schedule related to Blue Company's 5-year, $160,000 bond with a 8% interest rate and a 6% yield, purchased on December 31, 2015, for $173,480. Bond Cash Interest Premium Received Revenue Amortization Carrying Amount of Bonds Date 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12,800 12,800 12,800 1 2,800 $10,409 10,265 10,113 9,952 9,781 $2,391 2,535 2,687 2,848 3,019 $173,480 171,089 168,554 165,867 163,019 160,000 The following schedule presents a comparison of the amortized cost and fair value of the bonds at year-end: Amortized cost Fair value 12/31/16 $171,089 $170,500 12/31/17 $168,554 $170,400 12/31/18 $165,867 $167,500 12/31/19 $163,019 $164,200 12/31/20 $160,000 $160,000 (a) (b) (c) (d) Prepare the journal entry to record the purchase of these bonds on December 31, 2015, assuming the bonds are classified as held-to-maturity securities. Prepare the journal entry related to the held-to-maturity bonds for 2016. Prepare the journal entry related to the held-to-maturity bonds for 2018. Prepare the journal entry to record the purchase of these bonds, assuming they are classified as available-for-sale. (d) Prepare the journal entry to record the purchase of these bonds, assuming they are classified as available-for-sale. Prepare the journal entries related to the available-for-sale bonds for 2016. Prepare the journal entries related to the available-for-sale bonds for 2018. (f) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) No. Date Account Titles and Explanation Debit Credit 2 (a) T Dec. 31, 2015 : Debt Investments 173480 Cash 173480 (b) T Dec. 31, 2016 Cash 12800 Interest Revenue 10409 Debt Investments 2391 (c) T Dec. 31, 2018 Cash 12800 Interest Revenue 10113 | Debt Investments 2687 (d) T Dec. 31, 2015 Debt Investments 173480 Dec. 31, 2016 Cash 800 X ERRERRRRRR Debt Investments 2391 Interest Revenue 10409 (To record interest revenue.) Tunrealized Holding Gain or Loss - Equity 589 Fair Value Adjustment (To record adjustment.) Dec. 31, 2018 Cash 12800 Interest Revenue 2391 Debt Investments 10409 (To record interest revenue.) Junrealized Holding Gain or Loss - Equity 1633 Fair Value Adjustment 1633 (To record adjustment.)