LMN Company reported the following amounts on its balance sheet at July 31, 2019: Liabilities Convertible bonds payable, $10,000,000 face value 8%, due July 31, 2019 $9,818,182 Equity Contributed surplus-common stock conversion rights $300,000 Preferred shares, no par, 3,000,000 shares authorized, 10,000 outstanding $1,100,000 Common shares, no par, 1,000,000 shares authorized, 180,000 outstanding $4,500,000 Additional information 1. The bonds pay interest each July 31. Each $1,000 bond is convertible into 5 common shares. The bonds were originally issued to yield 10%. On July 31, 2019, all the bonds were converted after the final interest payment was made. LMN uses the book value method to record bond conversions as recommended under IFRS. 2. No other share or bond transactions occurred during the year. Required: a. Prepare the journal entry to record the bond interest payment on July 31, 2019. Date Account 31-Jul Cash Dr. Cr. Show your work here (calculator inputs and rough work) b. Calculate the total number of common shares outstanding after the bonds' conversion on July 31, 2019. c. Prepare the journal entry to record the bond conversion. Date: Account Dr. Cr.