Hoffman Corporation issued $100 million of 6%, 15-year bonds at 103. Each of the 100,000 bonds was issued with 15 detachable stock warrants, each of which entitled the bondholder to purchase, for $30, one share of $1 par common stock. At the time of sale, the market value of the common stock was $35 per share and the market value of each warrant was $7. Prepare the journal entry to record the issuance of the bonds.