$$JS company invests $ $5,000$ in $10\%$ debenture at the start of the year. The debentures will be repaid at a premium at the end of their term. The business model applied by JS is to hold the debenture until this time. The effective interest rate is $12\%.$

Required

Prepare extract from the statement of profit or loss and statement of financial position for years $1$ and $2$ of the instrument$$s term.