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Prepare journal entries to record the initial investment, recelpt of interest, and recognition of interest income in each of the three Question 7 of 7 ./6 years, and the maturity of the bond at the end of the third year. (Credit occount titites are outomatically indented when the amount is entered. Do not indent manually, If no enty is required, select "No Entry" for the account tites and enter O for the amounts. List all debbit Bridgeport Corp. irvested in a three-year, $100 face value, 7% bond paving 585.83 . At this price, the bond will vield a 13% return entries before credit entries. Round answers to 2 decimal ploces, es. 5275 . Interest is payable annually. Bridgeport uses the amortized cost model of accounting for investments. Assuming Bridgeport applies ASPE and has chosen to use the straight-line method of amortization, determ discount that is amortized each year. (Round answer to 2 decimal places, es. 52.75.) Straight-line discount amortization $ each year Prepare journal entries to record the initial investment, recelpt of interest, and recognition of interest income in each of the three Question 7 of 7 ./6 years, and the maturity of the bond at the end of the third year. (Credit occount titites are outomatically indented when the amount is entered. Do not indent manually, If no enty is required, select "No Entry" for the account tites and enter O for the amounts. List all debbit Bridgeport Corp. irvested in a three-year, $100 face value, 7% bond paving 585.83 . At this price, the bond will vield a 13% return entries before credit entries. Round answers to 2 decimal ploces, es. 5275 . Interest is payable annually. Bridgeport uses the amortized cost model of accounting for investments. Assuming Bridgeport applies ASPE and has chosen to use the straight-line method of amortization, determ discount that is amortized each year. (Round answer to 2 decimal places, es. 52.75.) Straight-line discount amortization $ each year