XYZ invested in the bonds of ABC Co. The bonds had a maturity of $70,000 due in 10 years, paying annual interest of 6%, semiannually on June 30 and Dec 31. The market rate was 8%. XYZ paid $60,487. Interest Received Interest Revenue Amortization Carrying Value $60,487 1 2 3 4 Fill in the above chart to account for the held to maturity investment and prepare journal entries for the amortization and receipt of interest: June 30, Year 1 Dec 31, Year 2