DO Computalog Inc. showed the following on its December 31, 2020, balance sheet: Bonds payable, convertible Less: Unamortized discount $4,000,000 14,400 $3,985,600 Required: 1. Assuming the bonds are convertible into 400,000 common shares, Journalize the conversion on January 1, 2021, when the market value per common share was $10.25. Tech Inc's board of directors voted to declare a common cash dividend of $.0.75 per share. The company has 15,000 common shares authorized, with 10,000 issued and outstanding. The amount of the dividend is $7,125