Marketable Debt Securities Use the financial statement effects template to record the accounts and amounts for the following four transactions involving investments in marketable debt securities classified as available-for-sale securities. a. Loudder Inc. purchases 7,000 bonds with a face value of $1,000 per bond. The bonds are purchased at par for cash and pay interest at a semi-annual rate of 4%. b. Loudder receives semi-annual cash interest of $140,000. c. Year-end fair value of the bonds is $978 per bond. d. Shortly after year-end, Loudder sells all 7,000 bonds for $970 per bond. Use negative signs with answers, if appropriate. Transaction Loudder purchases bonds. Loudder receives cash interest. Bonds year-end fair value is determined. Loudder sells all bonds Cash Asset + -7000000 140000 0 0 Noncash Assets 7000000 0 OOO 0 0 Balance Sheet Contrib. = Liabilities + Captial 0 0 0 0 + Earned Capital 0 140000 0 0 Revenues - 0 140000 0 Income Statement 0 Expenses = Net income 0 oooo 0 0 0 140000 0 0