21. A US company issues convertible bonds for $ 104,000. The par value of the bonds is $ 100,000. The market value of the option to convert the bonds is estimated at $ 6,000. The company will recognize in its books, when issuing the bonds:

a. Bond debt of $ 104,000, including a premium of $ 4,000 b. $ 98,000 bond debt, including a $ 2,000 discount and $ 6,000 equity c. $ 100,000 bond debt and $ 4,000 equity d. None of the above.

22. Refer to the previous question. The bonds are not convertible, but have capital warrants. The market value of the cdulas, separated from the bonds is $ 6,000. The company will recognize in its books, when issuing the bonds:

a. Bond debt of $ 104,000, including a premium of $ 4,000 b. $ 98,000 bond debt, including a $ 2,000 discount and $ 6,000 equity c. $ 100,000 bond debt and $ 4,000 equity d. None of the above.