Fuzzy Monkey Technologies, Inc, purchased as a long-term investment $210 million of 6% bonds dated January 1 on January 1, 2021 Management intends to have the investment available for sale when circumstances warrant. For bonds of similar risk and maturity the market yleld was 8%. The price paid for the bonds was $192 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 $200 million Required: 1. to 3. Prepare the relevant journal entries on the respective dates (record the Interest at the effective rate) 4-6. At what amount will Fuzzy Monkey report its investment in the December 31, 2021. balance sheet? 4-6. Prepare the entry necessary to achieve this reporting objective 5. How would Fuzzy Monkey's 2021 statement of cash flows be affected by this investment of more than one approach is possible, indicate the one that is most likely) Complete this question by entering your answers in the tabs below. Reg 1 to 3 RoQAA Reg 40 Regs Prepare the relevant journal entries on the respective dates (record the interest at the effective rate) (no entry is required for a transaction/event, select "No journal antry required" in the first account Mold Do not round Intermediate calculations. Enter your answers in ons rounded to 2 decimal places, .., 5,500,000 bould be entered as 50)) View transaction list