Check my work Hoffman Corporation issued $65 million of 5%, 20 year bonds at 104, Each of the 65,000 bonds was issued with 15 detachable stock warrants, each of which entitled the bondholder to purchase, for $26, on share of $1 par common stock. At the time of sale, the market value of the common stock was $31 per share and the market value of each warrant was $4 Prepare the journal entry to record the issuance of the bonds. (Enter your answers in millions rounded to 1 decimal place i.e., 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No journal entry equired" in the first account field.) View transaction list