On January 1, Boston Company completed the following transactions (use a 7% 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. Promised to pay a fixed amount of $7,500 at the end of each year for nine years and a one-time payment of $118,000 at the end of the 9th year. b. Established a plant remodeling fund of $492,250 to be available at the end of Year 10. A single sum that will grow to $492,250 will be deposited on January 1 of this year. c. Agreed to pay a severance package to a discharged employee. The company will pay $76,500 at the end of the first year, $114.000 at the end of the second year, and $151,500 at the end of the third year, d. Purchased a $177,500 machine on January 1 of this year for $35,500 cash. A five-year note is signed for the balance. The note will be paid in five equal year-end payments starting on December 31 of this year. P9-11 Part 2 2-a. In transaction (b), what single sum amount must the company deposit on January 1 of this year? (Round your answer to nearest whole dollar) Answer is complete but not entirely correct. Amount to deposit $ 286,4943 2.b. What is the total amount of interest revenue that will be earned? (Round your answer to nearest whole dollar.) Answer is complete but not entirely correct. Interest revenue $ 205,756