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Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $1740 million on July 1, 2021, at a price of $1730

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Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $1740 million on July 1, 2021, at a price of $1730 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 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? 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. should be entered as 5.5).) select "No joomal entry required in the fiest account field. Enter your answers in millions rounded to 1 decimal place (1.0, 3.500.000 View transaction list Journal entry worksheet Record interest payment at December 31, 2021. Notele debits before credits Date Owned journal Debit Credit December 31 Record entry Chearby View Cash Paal Agee Technology, Inc. issued 9% bonds, dated January 1, with a face amount of $1740 million on July 1, 2021, at a price of $1730 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 Joumal 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 not complete. Complete this question by entering your answers in the tabs below. General Journal Cash Paid 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, Wit uses the direct method (nt any cash outflows with a minus sign. Enter your answers in millions rounded to 1 decimal place ( i5,500.000 should be entered a 5.5).) it in milions (82) Cannow Prom inancing activities 1.7300 Cash outflow from operating activities S (783)

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