Agee Technology, Incorporated, Issued 9% bonds, dated January 1, with a face amount of $1,080 million on July 1, 2024 , at a price of $1,060 million. For bonds of similar flsk and maturity, the market yleld is 10%. Interest is pald seml-annually on June 30 and December 31. Required: Prepare the Journal entry to record Interest at the effectlve interest rate at December 31. What would be the amount(s) related to the bonds that Agee would report in Its statement of cash flows for the year ended December 31, 2024, If It uses the direct method? Complete this question by entering your answers in the tabs below. Prepare the journal entry to record interest at the effective interest rate at December 31. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter millions rounded to 1 decimal place (i,e 5,500,000 should be entered as 5.5). Journal entry worksheet Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. What would be the amount(s) related to the bonds that Agee would report in its statement of cash flows for the year December 31,2024 , if it uses the direct method? Note: Cash outflows should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place 5,500,000 should be entered as 5.5 )