Suppose you purchase a $1,000 TIPS on January 1, 2021. The bond carries a fixed coupon of 3 percent. Over the first two years, semiannual inflation is 2 percent, 4 percent, 1 percent, and 2 percent, respectively. For each six-month period, calculate the accrued principal and coupon payment.

Accrued Principal Coupon Payment First 6 months Second 6 months Third 6 months Fourth 6 months