In August 2015 ONEOK issued $500 million of 7.5% notes due in 2023. Based on the text of the footnote, prepare the journal entry ONEOK would have recorded to issue this debt.

G. DEBT The following table sets forth our debt for the periods indicated December 31 December 31, 2016 ONEOK Borrowings outstanding under the ONEOK Credit Agreement (a Senior unsecurod obligations: $700,000 at 4.25% due 2022 S500.000 al 75% de 2023 si00,000 at 6.5% dar 2028 $100,000 at 6 875% dae 2028 $400,000 at 6.0% due 2035 547.397 500,000547397 87,126 00,000 100,000 ONEOK Partners Borrowings outstanding under the ONEOK Partners Credit Agreement at 60% as of December 31, 2015 (b) 300,000 Commercial paper outstanding, bearing a weighted-average interest rate of 127% and i 23% 1,110,277246,340 Senior unsecured obligations $650,000 at 3.25% due 2016 $450,000 at 6.15% due 2016 S400.000 at 2.0% due 2017 $425,000 at 32% de 2018 $1,000,000 term loan, variable rate, due 2019 $500,000 at 8.625% due 2019 $300,000 at 38% due 2020 $900,000 at 3.375 % due 2022 $425,000 at 5.0 % due 2023 500,000 at 4.9 % dae 2025 $600,000 at 6.65% due 2036 $600,000 at 6.85% due 2037 650,000 450,000 400,000 ,000,000 900,000 425,000 425,000 500,000 600,000 600,000 $650,000 at 6, 125% due 204 1 650,000 400,000 400,000 at 62% due 2043 400,000 Guardian Pipeline Average 7.88% due 2022 44,257 51.907 9,489,057 Total debt Unamortized portion of terminated swaps Unamertized debt issuance costs and discounts Current maturities of long-term debt Short-term borrowings (c) 20,186 (68,320) 21,904 (74,492) (410,650) (110,650) (546,340) S 7,919996 8,323.382 (1,110,277) Long-term debt (a) - ONEOK had S1.1 million of letters of credit issued at December 31, 2016 and 2015 (b)-ONEOK Partners had $14 million of letters of credit issued at December 31, 2016 and 2015 (c) - Individual issuances of commercial paper under ONEOK Partners' $2.4 billion commercial paper program generally mature in 90 days or less. However, these issuances are supported by and reduce the borrowing capacity under the ONEOK Partners Credit Agreement ONEOK Credit Agreement -In January 2016, we extended the term of the ONEOK Credit Agreement by one year to January 2020. The ONEOK Credit Agreement is a S300 million revolving credit facility and contains certain financial, operational and al covenants. Among other things, these covenants include maintaining a ratio of indebtedness to consolidated EBITDA EBITDA, as defined in our ONEOK Credit Agreement) of no more than 4.0 to 1. Upon breach of certain covenants by us in our ONEOK Credit Agreement, amounts outstanding under our ONEOK Credit Agreement, if any, may become due and payable immediately ONEOK was in compliance with all covenants under the ONEOK Credit Agreement At December 31, 2016, ONEOK's ratio of indebtedness to consolidated EBITDA was 2.2 to 1, and