Help please

Koch Co. sold convertible bonds with interest being paid annually on May 31.On May 31, after interest was paid, 100 of the $1,000 bonds are tendered for conversion into 3,000 shares of common stock.The common stock had a market price of $40 per share and a par value of $1 per share.a)Prepare Koch's journal entry to record the conversion b)Does Koch have a gain or loss on the conversion? c)How is the gain or loss reported in Koch's financial statements