I need help figuring out Operating Income for step 5?

Problem 12-2 Trading securities; bond investment; effective interest [LO12-1, 12-3] Fuzzy Monkey Technologies, Inc., purchased as a short-term investment $170 million of 10% bonds, dated January 1, on January 1, 2018. Management intends to include the investment in a short-term, active trading portfolio. For bonds of similar risk and maturity the market yield was 12%. The price paid for the bonds was $151 million. Interest is received semiannually on June 30 and December 31, Due to changing market conditions, the fair value of the bonds at December 31,2018, was $160 million. Required: 1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate). 4-a. At what amount will Fuzzy Monkey report its investment in the December 31, 2018, balance sheet? 4-b. Prepare any entry necessary to achieve this reporting objective. 5. How would Fuzzy Monkey's 2018 statement of cash flows be affected by this investment? 3 Answer is not complete. Complete this question by entering your answers in the tabs below Req 1 to 3 Req 4A Req 4B Req 5 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, (Le, 5,500,000 should be entered as 5.50) No Date General Journa Debit Credit 1 January 01, 2018 Investment in bonds 170.00 Discount on bond investment Cash 9.00 151.00 2 June 30, 2018 Cash 8.50 0.56 Discount on bond investment Interest revenue 9.06 3 December 31, 201 Cash 850 ) 0.59 Discount on bond investment Interest revenue 9.09 Req 4A > Problem 12-2 Trading securities; bond investment; effective interest [L012-1, 12-3] Fuzzy Monkey Technologies, Inc., purchased as a short-term investment $170 million of 10% bonds, dated January 1, on January 1, 2018. Management intends to include the investment in a short-term, active trading portfolio. For bonds of similar risk and maturity the market yield was 12%. The price paid for the bonds was $151 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, 2018, was $160 million. Required 1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate). 4-a. At what amount will Fuzzy Monkey report its investment in the December 31, 2018, balance sheet? 4-b. Prepare any entry necessary to achieve this reporting objective. 5. How would Fuzzy Monkey's 2018 statement of cash flows be affected by this investment? Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 to 3Req 4A Req 4B Req 5 At what amount will Fuzzy Monkey report its investment in the December 31, 2018, balance sheet? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places, (i.e., 5,500,000 should be entered as 5.50).) $ 160.00million Req 1 to 3 Req 4B > Problem 12-2 Trading securities; bond investment; effective interest [LO12-1, 12-3] Fuzzy Monkey Technologies, Inc. purchased as a short-term investment $170 million of 10% bonds, dated January 1, on J 2018. Management intends to include the investment in a short-term, active trading anuary 1, portfolio. For bonds of similar risk and maturity t paid for the bonds was $151 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, 2018, wa s $160 million. Required 1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate). 4-a. At what amount will Fuzzy Monkey report its investment in the December 31, 2018, balance sheet? 4-b. Prepare any entry necessary to achieve this reporting objective. 5. How would Fuzzy Monkey's 2018 statement of cash flows be affected by this investment? Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4A Req 48 Req 5 Prepare any entry necessary to achieve this reporting objective. (If no entry is required for a transaction/event, select "No journal entry required" in the first account fiel r d. Round you intermediate calculation to 2 decimal places. Enter your answers n millions rounded to 2 decimal places, (i.e., 5,500,000 should be entered as 5.50).) No Date General Journal Debit Credit 1 December 31, 2018 Fair value adjustment 7.8501 Unrealized holding gain-NI 7.85 Req 4A Req5 > 1 dn ecurce ter Fuzzy Monkey Technologies, Inc. purchased as a short-term investment $170 million of 10% bonds, dated January 1, on January 1, 2018. Management intends to include the investment in a short-term, active trading portfolio. For bonds of similar risk and maturity the market yield was 12%. The price paid for the bonds was $151 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, 2018, was $160 million. Required 1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate). 4-a. At what amount will Fuzzy Monkey report its investment in the December 31, 2018, balance sheet? 4-b. Prepare any entry necessary to achieve this reporting objective. 5. How would Fuzzy Monkey's 2018 statement of cash flows be affected by this investment? Answer is not complete. Complete this question by entering your answers in the tabs below Reg 1 to 3Req 4AReq 48Req 5 How would Fuzzy Monkey's 2018 statement of cash flows be affected by this investment? (Do not round calculations. Enter your answers in millions rounded to 1 decimal place, (i.e., 5,500,000 should be entered as 5 intermediate low cash Investing cash fow million outflow 0.0million no effect Req 48