11. On January 1, 2012, Harris Corporation issued $6 million of 8%, 10-year convertible bonds at 102. The bonds pay interest on June 30 and December 31. Each $1,000 bond is convertible into 20 shares of S1 par common stock. Fuzz Company purchased 20% of the issue as an investment On July 1, 2014, Fuzz converted all of its bonds into common stock of Harris. The market price per share for Slug was $32 at the time of the conversion. Both companies use the straight-line method for amortization Required: 1. Prepare journal entries for the issuance of the bonds on the issue and the investor books 2. Prepare the journal entries for the conversion on the books of Harris