Control Group purchased thirty $1,000, 10%, 20-year bonds of Natchez Corporation on January 1, 2003, as a long-term investment. The bonds mature on January 1, 2023, and interest is payable every January 1 and July 1. Control Group’s reporting year ends December 31, and the company uses the straight-line method of amortizing premiums and discounts. Make all necessary journal entries relating to the bonds for 2003, assuming: 1. The purchase price is 104% of face value. 2. The purchase price is 94% of face value.