Hoffman Corporation issued $70 million of 5%,15y ear bonds at 102 . Each of the 70,000 bonds was convertible into one share of $1 par common stock. Prepare the journal entry to record the issuance of the bonds. Note: 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. Journal entry worksheet Record the issuance of the bonds. Note: Enter debits before credits