Blue Corporation has outstanding 2,000 of $1,000 bonds, each convertible into 60 shares of $10 par value common stock. The bonds are converted on December 31,2025 , when the unamortized discount is $38,200 and the market price of the stock is $21 per share: Record the conversion using the book value approach. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts)