can you please solve last part

On January 1, 2023, when the fair value of its common shares was $75 per share, Crane Corp. issued $11 mallion of 9% corvertible debentures due in 20 years. The conversion option allowed the holder of each $1,000 bond to convert the bond into 4 conrmon shiares. The debentures were issued for $11.5 million. The bond payment's present value at the time of issuance was $9.1 million and the corporation believes the difference between the present value and the amount paid is attributable to the comversion feature On lanuary 1, 2024, the corporation's common shares were split 2 for 1 , and the conver sion rate for the bonds was adjusted accordingly. On January 1,2025, when the fair value of the corporation's common shares was $129 per share, holders of 30% of the corvertible debentures exercised their corversion option. Crane applies ASPE and uses the straight-line method for amortizing any bond discounts or premitms. (a) Your answer is correct. Prepare the entry to record the original issuance of the convertible debentures. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts, List oll debit entries before credit entries.) Prepare the entry to record the original issuance of the convertible debentures. (Credit occount titles are outomatically indented when the amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the . omounts List all debit entries before credit entries.) Using the book value method, prepare the entry to record the exercise of the conversion option. (Credit account tities are automatically indented when the amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the occount tilies and enter O for the amounts. List all debit entries before credit entries.) How many shares were issued as a result of the conversion? Number of shares issued shares eTextbook and Media List of Accounts Attempts: 1 of 3 used (e) Assume, instead, that Crane decides to retire the bonds early, on Janyary 1,2025 , by paying cash of $3,611,000 to the bondholders. On that date, the fair value of a similar bond without the conversion feature is 5870 per bond. Prepare the joumb. Assume, instead, that Crane decides to retire the bonds early, on January 1, 2025, by paying cash of $3,611,000 to the bondholders, On that date, the fair value of a similar bond without the comversion feature is $870 per bond. Prepare the journal entry using the book value method. (Credit occount titles are outomotically indented when the amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts List all debit entries before credit entries)