For Q1 and Q2, please show steps to earn partial points. Q1. Zotar Company has bonds payable outstanding in the amount of $5,600,000, and the Premium on Bonds Payable account has a balance of $150,000. Each $1,000 bond is convertible into 10 shares 2 of common stock with a par value of $1 per share. All bonds are converted into common stock. Instructions 3 4 Assuming that the book value method was used, what journal entry would be made? 45678