Bonita Corporation issued 1.200, ten year, 7% bonds for 102 on January 1, 2020. Interest is paid annually. Each $1,000 bond carried a detachable warrant allowing the holder to purchase 220 common shares in Bonita at $10 per share, the price at which Bonita shares were trading on the day of the sale of the bonds. Similar straight bonds trading on the open market paid 8%. On June 30, 2020. 120 of the bond holders exercised the options to buy the shares. Prepare the journal entries to record these events. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answer to 0 decimal places eg. 58,971. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 June 30