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at 102. Interest is to be paid semiannually on June 30 nd Decemoer 31 Each $1,000 debenture can be converted into 8 shares of Pharoah On January 1 2017, Pharoah Corporation issued $3,980,000 of 10-year 7% convertible debentures Corporation $100 par value common stock after December 31, 2018 Corporation $100 par On January 1, 2019, $398,000 of debentures are converted into common stock, which is then selling at $110. An additional 5399,000 of debentures are converted on March 31, 2019. The market price of the common stock is then $115, Accrued interest at March 31 will bc paid on the next interest date Bond premium is amortized on a straight-line besis. Make the nocessory journal cntrics for: (a) December 31, 2018. (c) March 31, 2019. (b) January 1, 2019. (d) June 30, 2019. Record the conversions using the book value method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.)