In the attached files are the questions to be answered and the information needed to answer them. Answer all parts of the question completely.

Questions: 8-34, 8-44

Describe the effects on JetBlue's balance sheet if the convertible bonds are converted. Would the conversion affect earnings? Explain a. b. EXERCISES E8-34. Identifying and Analyzing Financial Statement Effects of Stock Transactions (LOT Lipe Company reports the following transactions relating to its stock accounts in the current year. Feb. 20 Issued 10,000 shares of $1 par value common stock at $25 cash per share Feb. 21 Issued 15,000 shares of $100 par value, 8% preferred stock at $275 cash per share. June 30 Purchased 2,000 shares of its own common stock at $15 cash per share Sep. 25 Sold 1,000 shares of its treasury stock at $21 cash per share. Use the financial statement effects template to indicate the effects from each of these transactions. E8-35. Identifying and Analyzing Financial Statement Effects of Stock Transactions (L01) McNichols Corp. reports the following transactions relating to its stock accounts in the current year. Jan. 15 Issued 25,000 shares of $5 par value common stock at $17 cash per share. Jan. 20 Issued 6,000 shares of $50 par value, 8% preferred stock at $78 cash per share. Mar. 31 Purchased 3,000 shares of its own common stock at $20 cash per share. June 25 Sold 2,000 shares of its treasury stock at $26 cash per share July 15 Sold the remaining 1,000 shares of treasury stock at $19 cash per share Use the financial statement effects template to indicate the effects from each of these transactions. E8-36. Analyzing and Computing Average Issue Price and Treasury Stock Cost Following is the stockholders' equity section from the Campbell Soup Company balance sheet. (LO1) Shareowners' Equity (millions, except per share amounts) August 1, 2010 July 2, 2009