To take advantage of high short term interest rates, Chipotle Mexican Grill, Inc purchased a 1.000.000 krona si month certificate of deposit from a Swedish bank tor 125,000 on October 1, 2019 The annual interest rate percent spotle received the full principal and interest in krona on March 31, 2020, and immediate changed the wrona for US dollars at the current Sport Spor rates (stronaat December 31, 2019 and March 31, 2020 were 501445 and 30.1226, respectively. Chipotle is calendar year company and accurs interest only at year end Aequired Prepare the journal entries recorded by Chipotle on October 1, 2019. December 31, 2019, and March 31, 2020 Enter answers using dedmal places when appropriate (do not round answers, Date Description Debit Credit 9 Shortements 25 000 Car 0 125.000 Tood the chase from with bank 1201/10 Short term imement Fagan Tomcord the purchase of Swedish restecat . 27675 D interest income 21675 To con 120 tidur OM 0 Sements ON To record the chance tross on the compost Exchangelon 3255 Intervalle O Toward the loss in the receive O weest income O Tarcondestino for the end 1/1/2001 Foren OM D O OM interest Ow 16V to record therefore matury of the Car 0 Foren 0 Tretorno b. What was the effective annual rate of return on this investment? Round percentage to two decimal places (0.03645 = 3.65%). 5.89 X%