Kurtyka Ltd. had the following transactions relating to debt investments:

Jan.       1, 2020    Purchased 50, £1,000, 8% Nordica Company bonds for £50,000. Interest is payable annually on January 1.
Dec.   31, 2020    Accrued interest on the Nordica Company bonds.
Jan.      1, 2021     Received interest from Nordica Company bonds.
Jan.      1, 2021     Sold 30 Nordica Company bonds for £28,700.

Journalize the above transactions, including the journal entry for the accrual of interest on December 31, 2021.