For each of the unrelated transactions described belowg, present the entries required to record each transaction. 1. Crane Corp, issued $19,100,000 par value 9% convertible bonds at 97 . If the bonds had not been convertible, the company's investment banker estimates they would have been sold at 95 . 2. Cheyenne Company issued $19,100,000 par value 9% bonds at 96 . One detachable stock purchase warrant was issued with each $100 par value bond. At the time of issuance, the warrants were selling for $4. 3. Suppose Sepracor, Inc. called its convertible debt in 2025. Assume the following related to the transaction. The 10%. $10,900,000 par value bonds were converted into 1,090,000 shares of $1 par value common stock on July 1,2025, On July 1 . there was $57,000 of unamortized discount applicable to the bonds, and the company paid an additional $81,000 to the bondholders to induce conversion of all the bonds. The company records the conversion using the book value method