On 1 May 207, Bertrum Ltd. purchased $1,220,000 of Fox Corp. 6.2% bonds. The bonds pay semt-annual interest each 1 May and 1 November. The market interest rate was 6% on the date of purchase. The bonds mature on 1 November 20x1. (PV of S1. PVA of \$1, and PVAR of \$1) (Use opproprlate factoris) from the tables provided.) Required: 1. Calculate the price paid by Bertrum. (Round time value factor to 5 decimal places. Round your Intermedlate calculations to 2 decimal places and finel answer to the nearest whole doller amount.) 2. Construct a table that shows interent revenue reported by Bentum, and the carrying value of the investment, for each interest perlod to matunty Use the effective-interest method, (Round your onswers to the nearest whole dollar amount.) 3. Assuming the bond is classfied as AC, prepare the entries for 207 and 208 for Bertrum, mcluding adusting entrles of, the 31 December yearend. (If no entry is required for a transaction/event, seiect "No journal entry requilredr in the first occount fiela Round your answers to the nearest whole dollar amount.] 3. Assuming the bond is classified as AC, prepare the entries for 207 and 208 for Bertrum including adjusting entries as the 31 December year-end. of no entry is required for a transectionievent, seiect "No joumel entry requilred" in the firmt occount field. Round your antwers to the neerest whole dollar amount). Journal entry worksheet 3. Assuming the bond is classilied as AC, prepare the entules for 207 and 208 for Bertrum, including adjusting entres at the 31 December year-end (it no entry is requlred for a transactlonlevent, select "No journal entry required" in the first bccount field. Round your answers to the nearest whole dollar amount.] Journal entry worksheet 12456 Record the ancond beriod ravenus. 3. Assuming the bond is classtied as AC, prepare the entrles for 207 and 208 for Beitrum, including acjusung entries at the 31 December year-end, of no entry ls requlred for a transaction/event, select "No journat entry requiredr in the first account field. Plound your answers to the nearest whole dollar amount.) Journal entry worksheet December yeariend of no entry is requlred for a transaction/event, select "No journol entry requilred" In the first occount fiele: Hound your answers to the nearest whole dollar amount.] Journal entry worksheet Becord the fourth peried revene. 3. Assuming the bond is classified as AC, prepare the entries for 207 and 208 for Berfium, incucing adjusting entrles of the a1 Round your answers to the nehrest whole dollint amounts. Journal entru warkeheat Journal entry worksheet 2 Fiecord the laterest revanus: 4. Assurning that the bond is classifled as AC and that Bertrum soid the bonds on 1 February 209, for 97 plus accrued interect Prepare the entry to record interest revenue to 1 February, and the entry for the sole, if no entry fir tequlred for s tronsactonievent, select "No journel entry required" In the first account field. Round your answers to the nearest whole dollor amount.) Journal entry worksheet Mecord the finvestreent rwenue. 5. Assume instead that the investment is classifled as FVOCI-Bond. Repeat requirements 3 and 4 above and prepare the entries for 207, absuming that the fair value of the bond was $1,270,000 on 31 December 207 and $1,530,000 on December 31208. (if no entry is required for o transaction/event, select "No journal entry requilred" in the first account fleld, Round your answers to the nearest whole doller anount) 5. Assurne instead that the investment is classitled as FVOCT-Bond. Repest requirements 3 and 4 above and prepare the enties for 200, assuming that the foir value of the bond was $1,270,000 on 31 December 207 and $1,530,000 on December 31208. (If no entry is required for a trensectionlevent, select "No journat entry requiled" in the first account fleld, Round your answers to the nearest whole doilar amount.) 5. Assume insteod that the investment is classified as FVoCi-Bond. Repeat requtremenss 3 and 4 above and prepare the enthes for 207, assuming thot the foir value of the bond was $1,270,000 on 31 December 207 and $1,530,000 on December 31208, of no entry is required for a trensectlon/event, select "No journel entry required" In the first eccount flelal, Round your answers to the nearest whole doliar amount) 5. Assume instead that the investment is classifled as FvoC Bond. Repeat requitrements 3 and 4 above and prepare the enthes for 207, astuming that the fair value of the bond was $1,270,000 on 31 December 207 and $4.530,000 on Decenber 31203 af no entry is requlred for o transectionievent, select "No journat entry required" in the first nccount fleld, Pound your arswein to the nesrest whole doller ansount, Journal entry worksheet Fecties the belding gainiless on invoutment far the vaser anded 200z 207, ossuming that the fair value of the bond was $1,270,000 on 31 December 207 and $1530,000 on December 31203. jor no entry is reoulred for a trensection levein, select "No journal entry required" In the tirst occount fleld. Round your ansivers to the neniest whole doller emount) 5 Assume instead that the irvestment is classifled as FVOCF-Bond Repeat requirements 3 and 4 above and prepare the entifes sor nearest whole doliar enount.) nearest whale dolier anount) netarest whole dollar amount.) Journal entry worksheet nebrest whele dolar enount? 5. Assume instead that the irvestment is classified as FVoC-Blond, Repeat requremeats 3 and 4 above and prepare the entites for nearest whole dolier amount.) 207, assuming that the falr vatue of the bond was $1,270,000 on 31 December 207 and $1,530,000 on December 31202, ift no neerest whole dollar omount.)