debt investment transactions available for sale valuation 460998

Fleet Inc. is an athletic footware company that began operations on January 1, 2012. The following transactions relate to debt investments acquired by fleet Inc which has a fiscal year ending december 31.

2012
Mar. 1 Purchased $36,000 of Madison Co. 5% 10-year bonds at face value plus plus accrued interest of $150. The binds pay interest semiannually on Feb 1 and Aug 1

Apr 16 Purchased $45,000 of Westville 4%, 15- year bonds at face value plus accrued interest of $75. The bonds pay interest semiannnualy on Apr 1 & Oct 1

Aug 1 Received semiannual interest on the Madison Co. bonds

Sept 1 Sold $12,000 of Madison Co, bonds at 98 plus accrued interest of $50.

Oct 1 Received semiannual interest on Westville Bonds.

Dec 31. accrued $500 interest on Madison Co. bonds

31. accrued $450 interest on Westville bonds

2013
Feb 1 Received semiannual interest on the Madison Co bonds

Apr 1 Received semiannual interest on the Westville bonds

Instructions
1. Journalize the entries to record these transactions
2. if the bond portfolio was classified as available for sale, what impact would this have on financial statement disclosure?