can you walk me through the calulations?

Assignment 2 1. Metro Company purchased $100,000, 10%, 5-year bonds on January 1, 20x1, with interest payable on July 1 and January 1. The bonds sold for $108,111, which results in an effective interest rate of 8%. The market value on December 31, 20x1 was $105,000 and all bonds were sold for $107,500 on January 1, 20x2 before the scheduled payment is made. Required: prepare journal entries on January 1, 20x1, July 1, 20x1, December 31, 20x1 and January 1, 20x2 assuming the bond investment is classified as available-for-sale security. 2. Ringer Company acquired 40% of the outstanding stock of earch (251000 x 40%) 1/1/x 1. Aquailable for sale Bands 108, 111 Cash 108,111 17/1/18 Cash 5,000 interestrevenice 5.000 12/31/XL linterest receivable 5000 Unrealised loss AMXP3111 Available for sale Bands Interest revenue 5000 11/1/X2 Cash 112500 Loss on sale of bands Available-for-sale bonds 105000 Interest receivable 5000 Unrealized Loss 3111 611 aw ucation