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15 pts York Company issued 1,000 bonds each with a par valeu of $1,000 and each carry a detachable warrant for the purchase of

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15 pts York Company issued 1,000 bonds each with a par valeu of $1,000 and each carry a detachable warrant for the purchase of 4 shares at $40 each. On the date of the bond issue, the bonds could have been at par, and the warrants could have been sold for $80 each separately. The bond was issued for $1,025,000 on Janaury 5, 2020. a. Prepare a schedule allocating the bond issue receipsts to the bond and the warrants. Use the proportional method. b. Record the issue of the two securities using the proportional method

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