Please help with only question number 5 only! Thank You

On 1 January 2005, Franco Ltd. purchased $510,000 of Gentron Company 7.00% bonds. The bonds pay semi-annual interest each 30 June and 31 December. The market interest rate was 8% on the date of purchase. The bonds mature on 31 December 2010. (PV of $1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the price paid by Franco Ltd. (Round time value factor to 5 decimal places. Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Price paid $ 510,000 2. Assume that the bond is classified as an AC investment. Construct a table that shows interest revenue reported by Franco, and the carrying value of the investment, for four interest periods. Use the effective-interest method. (Round your answers to the nearest whole dollar amount.) Period Cash Payment Interest Revenue Amortization 0 $ $ $ 1 2 17,850 17,850 17,850 17,850 19,443 19,506 19,573 19,642 1,593 1,656 1,723 1,792 Bond Carrying Value $ 0 486,068 489,317 491,040 492,832 3 4 5. Show how the bond would be presented on the statement of financial position at the end of 2005 and 2006, if it were (a) AC and (b) FVTPL. (Round your answers to the nearest whole dollar amount.) 2006 2005 (a) AC investment Investment in Gentron bond (b) FVTPL investment Investment in Gentron bond On 1 January 2005, Franco Ltd. purchased $510,000 of Gentron Company 7.00% bonds. The bonds pay semi-annual interest each 30 June and 31 December. The market interest rate was 8% on the date of purchase. The bonds mature on 31 December 2010. (PV of $1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the price paid by Franco Ltd. (Round time value factor to 5 decimal places. Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Price paid $ 510,000 2. Assume that the bond is classified as an AC investment. Construct a table that shows interest revenue reported by Franco, and the carrying value of the investment, for four interest periods. Use the effective-interest method. (Round your answers to the nearest whole dollar amount.) Period Cash Payment Interest Revenue Amortization 0 $ $ $ 1 2 17,850 17,850 17,850 17,850 19,443 19,506 19,573 19,642 1,593 1,656 1,723 1,792 Bond Carrying Value $ 0 486,068 489,317 491,040 492,832 3 4 5. Show how the bond would be presented on the statement of financial position at the end of 2005 and 2006, if it were (a) AC and (b) FVTPL. (Round your answers to the nearest whole dollar amount.) 2006 2005 (a) AC investment Investment in Gentron bond (b) FVTPL investment Investment in Gentron bond