Amalgamated General Corporation is a consulting firm that also offers financial services through its credit division. From time to time the company buys and sells securities. The following selected transactions relate to Amalgamated's investment activities during the last quarter of 2024 and the first month of 2025. The only securities held by Amalgamated at October 1, 2024 were $50 million of 10% bonds of Kansas Abstractors, Incorporated purchased on May 1, 2024 at face value and held in Amalgamated's trading securities portfolio. The company's fiscal year ends on December 31. total of 66 million shares issued. October 31, 2024 Received semiannual interest of $2.5 milion from the Kansas Abstractors bonds. until they mature in 2034. Semiannual interest is payable April 30 and October 31. their fair value to continue to fall. No unrealized gains and losses had been recorded on these bonds previously. until they mature in 2034. Semiannual interest is payable May 31 and November 30. short-term differences in prices. planning to hold these shares until market conditions encourage their sale. December 23, 2024 Sold the Treasury bonds for $7.9 million. Ventures Company common stock was $28.50 per share and $14.00 per share for the NXS Corporation common stock. The fair values of the bond investments were $58.8 million for Household Plastics Corporation and $16.4 milion for Holistic Bntertainment Enterprises. January 7, 2025 Sold the NXS Corporation common stock shares for $49mill ion. Required: Prepare the appropriate journal entry for each transaction or event. Use one summary entry on December 31 to adjust the portfolio of equity investments to fair value. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Enter your answers in millions rounded to 1 decimal place, (i.e., 5,500,000 should be entered as 5.5)