Question: Please answer correct, within the proper format Following are the non-strategic investment transactions of Corona |nc.: Purchased for $92,110 an 9.0%, $87,000 bond that matures

Please answer correct, within the proper format

Please answer correct, within the proper format Following are the non-strategic investment

Following are the non-strategic investment transactions of Corona |nc.: Purchased for $92,110 an 9.0%, $87,000 bond that matures in 21 years from Hanna Corporation when the market interest rate was 8.4%. Interest is paid semiannually beginning June 30, 2020. Received interest on the Hanna bond. Paid $127,600 for a Trust Inc. bond with a par value of $132,000 and a sixteen- years term. The bond pays interest quarterly beginning September 30, 2020, at the annual rate of 8.8%; the market interest rate on the date of purchase was 9.2%. Received interest on the Trust bond. Received interest on the Hanna and Trust bonds. The fair values of the bonds on this date equalled the fair values

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