Carla Vista Corporation had two issues of securities cutstanding: common shares and a 9% convertible bond isue in the face amount of $9 million, Interest payment dates of the bond issue are June 30 and December 31 . The conversion clause in the bond inderture entitles the bondholders to receive 30 no par value common shares in exchange for each $1.000 bond. The value of the equity portion of the bond issue is $70,000, On June 30,2020 , the holders of $2.70 millon of the face value bonds cxereised the conversica privilegi: The market price of the bonds on that date was $1.270 per bond and the market price of the common shares was 349 The tisal unamortized bond discount at the date of comersion was $490000. Prepare the entry to record the exercise of the conversion option using the book value method Assume the company tollows if { S iCredit account titles are automatically indented when the amount is entered, Do not indent manualy)