On $1$ July $20$X$8,$ Sun Company purchased $$5,200,000$ of Moon Corp. $8\mathrm{.}1\%$ bonds, classified as an AC investment.

The bonds pay semi$-$annual interest each $30$ June and $31$ December.

The market interest rate was $8\%$ on the date of purchase. The bonds mature five$-$years later, on $30$ June $20$X$13.$

$($PV of $$1,$ PVA of $$1,$ and PVAD of $$1.)($Use appropriate factor$($s$)$ from the tables provided.$)$

Required:

$1.$ Calculate the price paid by Sun Company. $($Round time value factor to $5$ decimal places. Round your intermediate calculations to $2$ decimal places and final answer to the nearest whole dollar amount.$)$

WHAT IS THE PRICE PAID $=?$

$2.$ Construct a table that shows interest revenue reported by Sun, and the carrying value of the investment, for each interest period for four interest periods. Use the effective$-$interest method. $($Round your answers to the nearest whole dollar amount.$)$ Required:

Calculate the price paid by Sun Company. $($Round time value factor to $5$ decimal places. Round your intermediate calculations to

$2$ decimal places and final answer to the nearest whole dollar amount.$)$

Construct a table that shows interest revenue reported by Sun, and the carrying value of the investment, for each interest period for

four interest periods. Use the effective$-$interest method. $($Round your answers to the nearest whole dollar amount.$)$