ww 7. (14 points) Kingson Company purchased AAA's 10-year, $500,000 bond with a 7% interest rate and a 10% yield, purchased on December 31, 2020, for $407,830. The following schedule presents the fair value of the bonds at year-end. 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 Fair value 400,000 450,000 440,000 410,000 440,000 Assume the bonds are classified as available-for-sale investment. Instructions: a. Prepare the amortization table for this investment for years 2021, 2022, and 2023. b. Prepare the journal entry(ies) related to the available-for-sale bonds for 2022. c. Prepare the journal entry(ies) related to the available-for-sale bonds for 2023