3 points On June 30, 2021, air industries had outstanding 80 milion of % convertible bonds that mature on june 30, 2022. Interest is payable each year on June 30 and December 31. The bonits are convertible wa milionsans af 110 par common stock, At June 30, 2021, the unamortued balance in the docount un bonds payable account was $4 milion. On june 30, 2021, at the bonds were converted when Blair's common stock hat a f $30 per share. When recording the conversion, Blair should credit paid in capital excess of par OA $24 milion O 112 million OC.116 million OD.120 milion 3 points On June 30, 2001, air Industes had outstanding 390 miles of 8% convertible bonds that mature on June 30, 2022 of $10 par common stock. At June 30, 2021, the amortized balance in the discount on bonds payable cunt was $30 per share. When recording the conversion Bar should credit ped in capital exces of par OA $26 OB 112 mon OCs mon OD. $20 millon test is payable each year on June 30 and December 31. The bonds are comble into 6 million shar $4 on On june 30 2021 bonds were converted when Bars ommon stock had a market price of