Fuzzy Monkey Technologies, Inc., purchased as a long$-$term investment $$100$ million of $6\%,10-$year bonds, dated January $1,$ on January $1,2024.$ Management has the positive intent and ability to hold the bonds until maturity. For bonds of similar risk and maturity the market yield was $8\%.$ The price paid for the bonds was $ $?$ million. Interest is received semiannually on June $30$ and December $31.$ Due to changing market conditions, the fair value of the bonds at December $31,2021,$ was $$95$ million.

Required:

Prepare the journal entry to record Fuzzy Monkey's investment on January $1,2024.$