Fixxz, Ltd. issoed $300,000,12%,10-year bonds on July 1, 2020. Interest payments dates are Janmary 2 and July 1. The issue price was $293,400. The bonds are convertible into common shares at the rate of 15 common shares for each $1,000 bond. The market price of Eayuz Ltd. common shares has risen steadily over the last two years and on July 1, 2022, half of the bonds are converted into common shares. a) Compute the balance in the premium or discount account on date of conversion. Eaxuz Ltd. uses the straight-line method of amortization. b) Prepare the entry to convert half of the bonds into common shares