Fuzzy Monkey Technologies, Inc. purchased as a short term investment $130 million of 8% bonds, dated January 1, on January 1, 2021 Management intends to include the investment in a short-term, active trading portfolio. For bonds of similar risk and maturity the market yield was 10%. The price paid for the bonds was $115 million. Interest is received semiannually on June 30 and December 31 Due to changing market conditions, the folr value of the bonds at December 31, 2021, was $120 million Required: 1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate). 4-o. At what amount will Fuzzy Monkey report its Investment in the December 31, 2021 balance sheet? 4-6. Prepare any entry necessary to achieve this reporting objective 5. How would Fuzzy Monkey's 2021 statement of cash flows be affected by this investment? (if 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 Reg Reg18 Reg 5 Prepare the relevant joumal entries on the respective dates (record the interest at the effective rate). (If no entry 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 2 decimal places, L., 5,500,000 should be entered as 5.50).) View transaction list