Exercise 14-21 Conversion of bonds payable LO7 Computalog Inc showed the following on its December 31, 2020, balance sheet: Bonds payable, convertible Less! Unamortized discount $4,040,000 14,544 $4,025,456 Required: 1. Assuming the bonds are convertible into 404,000 common shares, Journalize the conversion on January 1, 2021, when the market value per common share was $10.25. View transaction list Journal entry worksheet