Question: Can you help with this? Agee Technology, Inc, issued 9% bonds, dated January 1, with a face amount of $1,700 million on July 1, 2021,

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Agee Technology, Inc, issued 9% bonds, dated January 1, with a face amount of $1,700 million on July 1, 2021, at a price of $1,680 million. For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semiannually on June 30 and December 31. Required: Prepare thejournal entry to record interest at the effective interest rate at December 31. What would be the amountls} related to the bonds that Agee would report in its statement of cash ows for the year ended December 31, 2021, if it uses the direct method? Complete this question by entering your ans-was in the tabs below. General Journal Cash Paid Prepare the puma} entry to record interest at the effective interest rate at ecemher 3i. [If no entry is required for a transactionlevent, select "No journal entry reqm'red" in the rst account eld. alter your answers in millions rounded to 1 decimal place [i.e., 5,500,001] should be entered as 5.5).) View transaction list Journal entry worksheet Record interest payment at December 31, 2021. \f

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