15. Flap Company issued 5,700 of its $1,000 par value bonds for $1,470, providing total cash proceeds of $8,379,000. The market price of Flap's common shares on the date it issued the bonds is $21 per share. It sold the bonds with 399,000 detachable warrants to acquire 399,000 shares of the company's $2 par value common stock for $21 per share. That is, each bond carries 70 warrants x 5,700 bonds = 399,000 shares. Flap has existing bonds outstanding that trade without warrants at $1,300. There are other Flap Company warrants outstanding that trade for $21 each. Prepare the journal entry to record the issuance of the bonds assuming that the proportional method is used. (Record debits first, then credits. Exclude explanations from any journal entries. Round any intermediary calculations to the nearest hundredth of a percent, X.XX%. Round the amount you enter into the input cell to the nearest whole dollar.) Account Date of Issue (1)