On 1 July 20X8, Sun Company purchased $5,900,000 of Moon Corp. 8.1% 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 on 30 June 20X3. (PV of $1. PVA of $1. and PVAD of S1) (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.) Price pad 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.) Period Cash Payment 4% Interest Revenue Amortization Bond Carrying Value 2 3. Prepare the entries for the first two interest periods based on your calculations in requirement 2. (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 Journal entry worksheet