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Part 1 ( 5 marks) Jane Doe invested in a debt instrument on May 1, 2022 with maturity value of $57,000 and interest rate at

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Part 1 ( 5 marks) Jane Doe invested in a debt instrument on May 1, 2022 with maturity value of $57,000 and interest rate at an annual rate of 5 percent, maturing on April 30,2026. The first interest payment will be on October 31, 2024. The remaining interest will be paid at maturity (April 30, 2026). Calculate the amount of the interest Jane needs to report in her tax returns for each of the years 2022 through 2026

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