Agee Technology, Inc, issued 9% bonds, dated January 1, with a face amount of $400 million on July 1, 2021, at a price of $380 million For bonds of similar risk and maturity, the market yield is 10%, Interest is paid semi-annually on June 30 and December 31 Required: Prepare the journal entry to record interest at the effective interest rate at December 31. What would be the amounts) related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2021, if it uses the direct method? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. General Journal Cash Paid Prepare the journal entry to record interest at the effective interest rate at December 31. (If no entry is required for a transaction/event, select "No journal entry required in the first account held. Enter your answers in millions (ie, 10,000,000 should be entered as 10)) No Date General Journal Debit Credit 1 December 31 Interest expense 38 Discount on bonds payable 36 2 Cash Cash Pald > Agee Technology, Inc, issued 9% bonds, dated January 1, with a face amount of $400 million on July 1, 2021, at a price of $380 million For bonds of similar risk and maturity, the market yleld is 10%. Interest is paid semi-annually on June 30 and December 31. Required: Prepare the journal entry to record interest at the effective 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, 2021. If it uses the direct method? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. General Cash Paid Journal What would be the amount() related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2021, if it uses the direct method? (List any cash outflows with a minus sign. Enter your answers in millions 0., 10,000,000 should be entered as 10).) is in millions) Cash outflow from operating activities Cash inflow from financing activities 380 .