please correct 1.

Fuzzy Monkey Technologies, Inc., purchased as a long-term investment $210 million of 6% bonds, dated January 1, on January 1, 2021 Management has the positive intent and ability to hold the bonds until maturity. For bonds of similar risk and maturity the market yield was 8%. The price paid for the bonds was $192 million. Interest is received semiannually on June 30 and December 31. Due to changing market conditions, the fair value of the bonds at December 31, 2021, was $200 million Required: 1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate). 4. At what amount will Fuzzy Monkey report its investment in the December 31, 2021 balance sheet? 5. How would Fuzzy Monkey's 2021 statement of cash flows be affected by this investment? (If more than one approach is possible. indicate the one that is most likely) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 to 3 Reg 4 Regs At what amount will Fuzzy Monkey report its investment in the December 31, 2021 balance sheet? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places, (le, 5,500,000 should be entered as 5.50) 5 192.000 milion Record the interest revenue on June 30, 2021. Note: Enter debits before credits. Date General Journal Debit Credit + June 30, 2021 Cash Discount on bond investment Interest revenue 6.30 2.10 8.40 Record the interest revenue on December 31, 2021. Note: Enter debits before credits Date December 31, 2021 General Journal Debit Credit Cash 6.30 Discount on bond investment Interest revenue 2.10 8.40