Help with operating flow. 7.20+7.20 = 14.4 is not the answer

Fuzzy Monkey Technologies, Inc., purchased as a short-term investment $240 million of 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 $219 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 $230 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 "No 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).) view transaction list journal entry worksheet Date General Journal Debit Credit January 01, 2016Investment in bonds 240.00 Discount on bond investment 21.00 Cash 219.00 June 30, 2016Cash 7.20 Discount on bond investment 1.56 nterest Revenue 8.76 December 31, 2016 Cash 7.20 Discount on bond investment 1.62 nterest Revenue 8.82