Gauthier Company issued 11,350 of its $1,000 par value bonds for $1,290, providing total cash proceeds of $14,641,500. Gauthier did not incur any bond issue costs. Bond interest is paid annually. The market price of Gauthier's common shares on the date that the bonds were issued was $130 per share. The bonds were sold with 22,300 warrants to acquire 22,300 shares of the company's $1 par value common stock for $130 per share. Gauthier has existing bonds outstanding that trade without warrants at $1,050. There are other Gauthier warrants outstanding that trade for $94.00 each. The market value of the company's bonds is considered more reliable than the trading price of the warrants. The requirements are to prepare journal entry for:

1. Journal entry to record issuance of the bonds assuming the warrants are nondetachable.
2. Journal entry to record issuance of the bonds assuming the warrants are detachable using the proportional method.
3. Journal entry to record issuance of the bonds assuming the warrants are detachable using the incremental method.
4. Assume the proportional method is used. Journal entry to record the exercises of all warrants.
5. Assume the incremental method is used. Journal entry to record the exercises of all warrants.