On 1 January 20X2, Speedy Company purchased $4,600,000 of Wind Corp. 2% bonds, classified as an FVOCI-Bond investment for $4,186,801. The bonds pay semi-annual interest each 30 June and 31 December. The market interest rate was 4% on the date of purchase. The bonds mature on 31 December 20X6. At the end of 20X2, the bonds had a fair value of $4,500,000. On 1 July 20X3, Speedy sold the bonds for $4,580,000. Required: 1. Construct a table that shows interest revenue reported by Speedy for the first three interest periods. Use the effective-interest method. Period Cash Payment 2% Interest Revenue Discount Amortization Bond Carrying Value 0 1 2 3 2. Prepare the entries for the first year assuming that the investment is classified as FVOCI-Bond. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list 1 Record the Interest received on June 30. > 2 Record the Interest on December 31. 3 Record the adjust to fair value at December 31, 20x2. ebit Credit Note = journal entry has been entered Record entry Clear entry View general journal 3. Prepare the entries for the sale of the investment in 20X3. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list 1 Record the Investment revenue. > 2 Record the gain on wind bonds at the time of sale 3 Record the cash received on sale of bonds. ebit Credit Note : = journal entry has been entered Record entry Clear entry View general journal