w de submission https porowa.brightspace.convids/dropboxuser/folder_submit_les.c27db-148021&grpido AR021&grids commerpausenler_som les 6217db1480p p or 0.38 17-60 CHAPTER 17 Investments Problems F . (LO 1) (Debt Securities) Presented below is an amortization schedule related to Company's 5 year, S100,000 bond with a 7 interest rate and a 5% yield, purchased on December 2018, for $108,660 Cash Interest Bond Premium Carrying Amount Date Received Amortization of Bonds 12/31/18 12/31/19 $7,000 $5,433 $1,567 107,093 12/31/20 7,000 5,354 1.646 105,447 12/31/21 7,000 5,272 1,728 103,719 12/31/22 7.000 5,186 1,814 101,905 12/31/23 7,000 5,095 1,905 100,000 S108,660 The following schedule presents a comparison of the amortized cost and fair value of the bonds at year-end. 12/31/19 12/31/20 1 2/31/21 12/31/22 12/31/23 Amortized cost $107,093 $105,447 $103,719 $101,905 $100,000 Fair value 106,500 1 07,500 105,650 103,000 100.000 Instructions a. Prepare the journal entry to record the purchase of these bonds on December 31, 2018, assuming the bonds are classified as held-to-maturity securities. b. Prepare the journal entry(les) related to the held-to-maturity bonds for 2019, c. Prepare the journal entry(ies) related to the held-to-maturity bonds for 2021. d. Prepare the journal entry(ies) to record the purchase of these bonds, assuming they are clas- sified as available-for-sale. e. Prepare the journal entry(ies) related to the available-for-sale bonds for 2019. in mlated to the available for sale bonds for 2021