Pharoah Company issued $1,000,000, 8-year bonds. It agreed to make annual deposits of $80,000 to a fund (called a sinking fund). which will be used to pay off the principal amount of the bond at the end of 8 years. The deposits are made at the end of each year into an account paying 8% annual interest. Click here to view the factor table. (For calculation purposes, use 5 decimal places as disployed in the foctor table provided.) What amount will be ig the sinking fund at the end of 8 years? (Round answer to 2 decimal places, es. 25.75) Amount in the sinking fund $ Crane Company has decided to begin accumulating a fund for plant expansion. The company deposited $81,000 in a fund on January 2. 2018. Crane will also deposit $54,000 annually at the end of each year, starting in 2018 . The fund pays interest at 6% compounded annually Click here to view the factor table. What is the balance of the fund at the end of 2022 (after the 2022 deposit)? (for calculation purposes, use 5 decimal ploces as displayed in the factor table provided. Round answer to 2 decimol places, es. 52.75.) Fund balance