Journal entries for the Amortization

XYZ invested in the bonds of ABC Co. The bonds had a maturity of $70,000 due in 10 years, paying annual interest of 6%, semiannually on June 30 and Dec 31. The market rate was 8%. XYZ paid $60,487.

Interest Received, Interest Revenue, Amortization,Carrying Value $60,487

1 ? ? ? ?

2 ? ? ? ?

3 ? ? ? ?

4 ? ? ? ?

Fill in the above chart to account for the held to maturity investment and prepare journal entries for the amortization and receipt of interest:

June 30, Year 1

Dec 31, Year 2