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Bonita Corporation issued 2 , 0 0 0 $ 1 , 0 0 0 bonds at 1 0 3 . Each bond was issued with

Bonita Corporation issued $2, 000$ $ $1, 000$ bonds at $103 .$ Each bond was issued with one detachable stock warrant. After issuance, the

bonds were selling separately at $97 .$ The market price of the warrants without the bonds cannot be determined.

Use the incremental method to record the issuance of the bonds and warrants.

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