On October 1, 2017, Ashlee Company purchased 400 of the $1,000 face value, 8% bonds of Loy, Inc., for $468,000, including accrued interest of $8,000. The bonds, which mature on January 1, 2024, pay interest semiannually on January 1 and July 1. Ashlee Co. used the effective method of amortization and appropriately recorded the bonds as available-for-sale. As of 12/31/17, what amount is reported for interest revenue on the income statement? What is the carrying value of the bonds on the balance sheet?