FF&T Corporation is a confectionery wholesaler that frequently buys and sells securities to meet various investment objectives. The following selected transactions relate to FF&T's Investment activities during the last two months of 2018. At November 1, FF&T held $60 million of 20 year, 8% bonds of Convenience, Inc., purchased May 1, 2018, at face value. Management has the positive intent and ability to hold the bonds until maturity. FF&T's fiscal year ends on December 31 Nov. Dec. 1 Received semiannual interest of $2.4 million from the Convenience, Inc. bonds. 1 Purchased 100 bonds of Facsimile Enterprises at their $60 million face value, to be held until they mature in 2024. Semiannual interest is payable May 31 and November 30. 31 Purchased U.S. Treasury bills to be held until they mature in two months for $10.5 million. 31 Recorded any necessary adjusting entry(s) relating to the investments The fair values of the investments at December 31 were: Convenience bonds Facsimile Enterprises bonds U.S. Treasury bills $61.5 million 60.8 million 10.5 million Required: Prepare the appropriate journal entry for each transaction or event (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place fie., 5,500,000 should be entered as 5.51) Required: Prepare the appropriate journal entry for each transaction or event. (If no entry is required for entry required" in the first account field. Enter your answers in millions rounded to 1 decima entered as 5.5).) View transaction list 1 Received semiannual interest of $2.4 million from the Convenience, Inc., bonds. 2 Purchased 10% bonds of Facsimile Enterprises at their $60 million face value, to be held until they mature in 2024. Semiannual interest is payable May 31 and November 30. 3 Purchased U.S. Treasury bills that mature in two months for $10.5 million. Credit 4 Record the interest accrued. 5 Record the fair value adjustment. Note : = journal entry has been entered Record entry Clear entry View general journal