TR11-2 FVOCI-Bond (LO 11-3) On 1 January 20X4, Queen Company purchased $6.400,000 of Sport Corp. 8% bonds, classified as an EVOCI Bonds investment. The bonds pay semi-annual interest each 30 June and 31 December. The market interest rate was 6% on the date of purchase. The bonds mature on 31 December 20x8 PV of $1. PVA of S) and PVAD of S1) (Use appropriate factor(e) from the tables provided.) Required: 1. Calculate the price paid by Queen Company. (Round time value foctor to 5 decimal places. Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Book Price paid terences 2. Construct a table that shows interest revenue reported by Queen, and the carrying value of the investment for the first two interest periods. Use the effective interest method (Round your answers to the nearest whole dollar amount) Period Cash Payment 3% Interest Revenue Premium Amortization Bond Carrying Value 1 2