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Tamarisk Corporation purchased on January $1,2025,$ as a held$-$to$-$maturity investment, $$56,000$ of the $6\%,4-$year bonds of Harrison,

Inc. for $$60,102,$ which provides a $4\%$ return. The bonds pay interest semiannually.

Prepare Tamarisk's journal entries for $($a$)$ the purchase of the investment, and $($b$)$ the receipt of semiannual interest and premium

amortization. Assume effective$-$interest amortization is used. $($List all debit entries before credit entries. Credit account titles are

automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and

enter $0$ for the amounts. Round answers to $0$ decimal places, e$.$g$.5,125.)$

Date

$$uary $1,2025$

Account Titles and Explanation

Debt Investments

Cash

Cash

Debit

Credit

Revenue from Investment