Question 3 (2 points) On January 1, 2018, Warner Inc. purchased 3.5%, $50,000 face value Jackson Corp. bonds at face value. Interest is payable semi-annually on July 1 and January 1. The bonds are classified as held for trading investments. The bonds were sold on July 2, 2018 for $53,000. Warner's entry to record the purchase would include a debit to Cash for $50,000. Bonds Payable for $50,000. Long-Term Investments for $50,000. Held for Trading Investments for $50,000