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Check my w Bradley-Link's December 31, 2018, balance sheet included the following items: s in millions) Long-Term Liabilities 10.08 convertible bonds, callable at 105 beginning

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Check my w Bradley-Link's December 31, 2018, balance sheet included the following items: s in millions) Long-Term Liabilities 10.08 convertible bonds, callable at 105 beginning in 2019, 11.08 registered bonds callable at 108 beginning in 2028, Shareholders' Equity $296 due 2022 (net of unamortized discount of $4) [note 81 due 2032 (net of unamortized discount of $2) [note 81 67 Equity-stock warrants Note 8: Bonds (in part) The 100% bonds were issued in 2005 t 980 yield 1 %. Interest is aidsem ann bond is convertible into 30 shares of the Company's no par common stock ually on June 30 and December 31. Each $1,000 The 110% bonds were issued in 2009 at 106 to yield 10%, interest is paid semiannually on June 30 and December 31, Each St000 ith 30 detachable stock warrants, each of which entitles the holder to purchase one share of the Company's no pa common stock for $25, beginning 2019. on stock had a market price of $32 per share, Bradley-Link called the convertible rted; the remainder were acquired at the call price. When the common stock price reaches On January 3, 2019, when Bradley-Link's comm bonds to force conversion, 90% were converted; acquired at th an all-time high of $37 in December of 2019, 40% of the warrants were exercised. Required 1. Prepare the journal entries that were recoraed when each of 2, Prepare the journal entry to record (boo retirement of the remainder 3. Assume Bradley-Link induced conversion by offering $150 cash for each bond converted. Prepare the journal entry to record (book the two bond issues was originally sold in 2005 and 2009. k value method) the conversion of 90% of the convertible bonds in January 2019 and the Next KPrev 9 of 9 9 8 5 3 Required: 1. Prepare the journal entries that were recorded when each of the two bond issues was originally sold in 2005 and 2009 2. Prepare the journal entry to record (book value method) the conversion of 90% of the convertible bonds in January 2019 and the retirement of the remainder 3. Assume Bradley-Link induced conversion by offering $150 cash for each bond converted. Prepare the journal entry to record (book value method) the conversion of 90% of the convertible bonds in January 2019. 4. Assume Bradley-Link induced conversion by modifying the conversion ratio to exchange 35 shares for each bond rather than the 30 shares provided in the contract. Prepare the ournal entry to record book value method the conversion of 90% of the convertible bonds in January 2019. 5. Prepare the journal entry to record the exercise of the warrants in December 2019. Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 Required 4 Required Prepare the journal entries that were recorded when each of the two bond issues was originally sold in 200s and 2009. (If no entry is required for a transaction/event, select "No journal entry required" in the first accountf decimal places (i.e., 10,200,000 should be entered as 10.2)). ield. Enter your answers in millions rounded to 2 View transaction list

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