Hoffman Corporation issued $80 million of 8% 20-year bonds at 105. Each of the 80,000 bonds was issued with 10 detachable stock warrants, each of which entitled the bondholder to purchase, for $20, one share of St par common stock. At the time of sale, the market value of the common stock was $25 per share and the market value of each warrant was $7 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 os 5.5). If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the issuance of the bonds General Journal Debit 1 Credit Clearly View general journal