1)Kameela Inc. has $ 3,000,000 (par value), 8% convertible bonds outstanding. Each $ 1,000 bond is convertible into thirty no par value common shares. The bonds pay interest on January 31 and July 31. On July 31, 2020, the holders of $ 900,000 worth of bonds exercised the conversion privilege. On that date the market price of the bonds was 105, the market price of the common shares was $ 36, the carrying value of the common shares was $ 18 and the Contributed SurplusConversion Rights account balance was $ 450,000. The total unamortized bond premium at the date of conversion was $ 210,000. Using the book value method, Kameela should record, as a result of this conversion? Calculate the amount and present it in the books!

2)Reporter Inc. has $ 3,000,000 (par value), 8% convertible bonds outstanding. Each $ 1,000 bond is convertible into thirty no par value common shares. The bonds pay interest on January 31 and July 31. On July 31, 2020, the holders of $ 900,000 worth of bonds exercised the conversion privilege. On that date the market price of the bonds was 105, the market price of the common shares was $ 36, the carrying value of the common shares was $ 18 and the Contributed SurplusConversion Rights account balance was $ 450,000. The total unamortized bond premium at the date of conversion was $ 210,000. Using the book value method, record the relevant general entries.

3)Jhansu Ltd. issued $ 4,000,000, 5-year, 8% convertible bonds at par. Bonds pay interest annually. Each $ 1,000 bond is convertible to 200 of Jhansu's no par value common shares, which are currently trading at $ 25 each. The current market rate for similar non-convertible bonds is 10%. Assuming Jhansu adheres to IFRS, the value to be recorded for the conversion option is:

4)On June 30, 2018, Calgary Corp. granted stock options for 30,000 of its no par value common shares to key employees, at an option price of $ 36. On that date, the market price of the common shares was $ 32. The Black-Scholes option pricing model determined total compensation expense to be $ 720,000. The options are exercisable beginning January 1, 2021, provided the key employees are still employed by Calgary at the time the options are exercised. The options expire on June 30, 2022. On January 2, 2021, when the market price of the shares was $ 42, all 30,000 options were exercised. The amount of compensation expense Calgary should have recorded for calendar 2020.