Universal Foods issued 12% bonds, dated January 1 , with a face amount of $180 million on January 1, 2021 to Wang Communications. The bonds mature on December 31, 2038 (15 years). The market rate of interest for similar issues was 14%. Interest is paid semiannually on June 30 and December 31. Universal uses the straight-line method. Required: to 3. Prepare the journal entries to record the purchase of the bonds by Wang Communications on January 1, 2024, interest revenue on June 30 , 2024 and interest revenue on December 31, 2031. Note: Round your final answers to the nearest whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field