Addison Co. has $3,000,000 of 8% convertible bonds outstanding. Each $1 000 bond is convertible inan 30 shares of $30 par value common stock 2018, the holders of $1,000,000 bonds exercised the conversion privilege. On of the bonds was 105 and the market price of the common stock was . The bonds pay interest on January 31 and July 31. On July that date the market conversion $36. The total unamorniznd price bond premium at the date of conversion was $210,000. (Interest and amortization of the premium bas already been recorded). Prepare the entry Addison should make to record the conversion