Question: On December 31, 2016, Sneezy purchased $75,000, 10%, 12 year bonds of Huntsman Corporation for $78,000 cash. The bonds pay interest semi-annually each June 30 and December 31. Straight-line amortization is used when necessary. On December 31, 2017, the market price of the bonds was $78,500. (Hint: you may want to identify face, stated rate, annual interest, semi-annual interest, price, and premium/discount) Assuming the bonds were purchased as held to maturity securities, give the entry to record the sale of the bonds on December 31, 2024 for $78,200 cash.