For each of the unrelated transactions described below, present the entries required to record each transaction.

Sunland Corp. issued $$19,900,000$ par value $9\%$ convertible bonds at $99.$ If the bonds had not been convertible, the company's investment banker estimates they would have been sold at $95.$

Coronado Company issued $$19,900,000$ par value $9\%$ bonds at $98.$ One detachable stock purchase warrant was issued with each $$100$ par value bond. At the time of issuance, the warrants were selling for $$4.$

Suppose Sepracor, Inc. called its convertible debt in $2025.$ Assume the following related to the transaction. The $10\%,$ $$10,700,000$ par value bonds were converted into $1,070,000$ shares of $$1$ par value common stock on July $1,2025.$ On July $1,$ there was $$51,000$ of unamortized discount applicable to the bonds, and the company paid an additional $$79,000$ to the bondholders to induce conversion of all the bonds. The company records the conversion using the book value method.

$($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

No$.$ Account Titles and Explanation

Debit

Credit

$$

$$

Discount on Bonds Payable

$199000$