Fuzzy Monkey Technologies, Inc, purchased as a short-term investment $150 million 6% bonds, dated January 1, on January 1, 2016, Management intends to include the investment in a short-term, active trading portfolio. For bonds of similar risk and maturity the market yield was 8%. The price paid for the bonds was $133 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, 2016, was $140 million. Required: 1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate). (if no entry is required for a transaction/event, select journal entry required in the first account field. Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places, (i.e., 5,500,000 should be entered as 5.50).) "No View transaction list Journal entry worksheet 2 Record the Fuzzy Monkey's investment in bonds on January 1, 2016. Nota: Enter debits before credits Date January 01, 2016 General Journal Debit Credit