Using the information provided in P14-9. complete the following requirements assuming that Super View Video is an lFRS reporter.

Data from P14-9

On January 1, 2018, Super View Video. Incorporated issued $1,550,000 of $1,000 par value, 8%. 6-year bonds. Interest is payable semiannually each January 1 and July 1 with the first interest payment due at the end of the period on July 1, 2018. The market rate of interest for similar non-convertible bonds on the date of the bond issue was 10%. The bonds were sold for $1,704,287, yielding an effective rate of 6%. Each bond is convertible into 20 shares of Super View's $1 par value common stock. Assume that there is no beneficial conversion option.

Required

a. Prepare the journal entry to record the bond issue.

b. Prepare the amortization table.

c. Prepare the journal entry to record the first interest payment.

d. The bonds convened on January 1, 2021. Prepare the journal entry to record the bond conversion