On January 1, 2014, Spearfish Company completed the following transactions (use an 6 percent annual interest rate for all transactions): (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

a.	Deposited $60,000 in a debt retirement fund. Interest will be computed at six-month intervals and added to the fund at those times (i.e., semiannual compounding). (Hint: Think carefully about n and i.)
b.	Established a pension retirement fund to be available by the end of year 10 by making ten annual deposits of $230,000 at year-end, starting on December 31, 2014.
c.	Deposited $410,000 in a debt retirement fund. Interest will be computed annually and added to the fund at those times.

1-a.	In transaction (a), what will be the balance in the fund at the end of year 5?

1-b.	What is the total amount of interest revenue that will be earned?