MN Company issued $5 million of $1,000 bonds at 103; each $1,000 bond included two warrants, with each warrant exercisable for one share of MN $10 par value common stock. Required-Prepare the journal entry that MN should have made to record the issuance of the bonds with the warrants under each of the following independent assumptions: The warrants are nondetachable. MN's underwriters estimated that without the warrants, each bond would have sold at 99; they further estimated the value of each warrant to be $55 1. MN Company issued $5 million of $1,000 bonds at 103; each $1,000 bond included two warrants, with each warrant exercisable for one share of MN $10 par value common stock. Required-Prepare the journal entry that MN should have made to record the issuance of the bonds with the warrants under each of the following independent assumptions: The warrants are nondetachable. MN's underwriters estimated that without the warrants, each bond would have sold at 99; they further estimated the value of each warrant to be $55 1