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Presented below is an amortization schedule related to Martinez Company's 5-year, $140,000 bond with a 6% interest rate and a 3% yield, purchased on December 31, 2018, for $159,235. Cash Received Interest Revenue Bond Premium Amortization Carrying Amount of Bonds Date 12/31/18 $159,235 12/31/19 $8,400 $4,777 $3,623 155,612 12/31/20 8,400 4,668 3,732 151,880 12/31/21 8,400 4,556 3,844 148,036 12/31/22 8,400 4,441 3,959 144,077 12/31/23 8,400 4,323 4,077 140,000 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 12/31/21 12/31/22 12/31/23 Amortized cost $155,612 $155,000 $151,880 $154,100 $148,036 $150,000 $144,077 $145,100 $140,000 $140,000 Fair value (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 related to the held-to-maturity bonds for 2019. (c) Prepare the journal entry related to the held-to-maturity bonds for 2021. (d) Prepare the journal entry to record the purchase of these bonds, assuming they are classified as available-for-sale. (e) Prepare the journal entries related to the available-for-sale bonds for 2019. (f) Prepare the journal entries related to the available-for-sale bonds for 2021. No. Date Account Titles and Explanation Debit Credit (To record adjustment.) (f) (To record interest revenue.) (To record adjustment.)

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