Hoffman Corporation issued $70 million of 5%, 15-year bonds at 102. Each of the 70,000 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 $6. Prepare the journal entry to record the issuance of the bonds. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)