Note 8.Bonds in part) The 90s bonds were issued in 2008 at 940 to yield 10. Interest is paid semiannually on June 30 and December 31. Each $1000 bond is convertible into 50 shares of the Company's no par common stock The 98% bonds were issued in 2012 at 104 to yield 10% interest is paid semiannually on June 30 and December 31 Each 51000 band was issued with 50 detachable stock warrants, each of which entities the holder to purchase one share of the Company's no par common stock for $35, beginning 2022 On January 3.2022 when Bracey Link's common stock had a market price of $42 per share, Bradley-Link called the convertible bonds to force conversion 90% were converted, the remainder were acquired at the call price. When the common stock price reached an all-time high of $47 in December of 2022, 40% of the warrants were exercised Required: 1. Prepare the journal entries that were recorded when each of the two tond issues wriginally sold in 2008 and 2012 2. Prepare the journal entry to record (book value method the conversion or 90% of the convertible bonds in January 2022 and the retirement of the remainder 3. Assume Bradley Link induced conversion by offering 5160 cash for each bond converted Prepare the journal entry to record (book value method) the conversion of 90% of the convertible bonds in January 2022 4. Assume Bradley Link induced conversion by modifying the conversion ratio to exchange 55 shares for each bond rather than the 50 shares provided in the contract Prepare the journal entry to record book valve method the conversion of 90s or the convertible bonds in January 2022 5. Prepare the journal ently to record the exercise of the warrants in December 2022 Bradley-Link's December 31, 2021, balance sheet included the following items: Long-Term Liabilities ($ in millions) 9.0% convertible bonds, callable at 103 beginning in 2022, $147 due 2025 (net of unamortized discount of $3) [note 8] 9.8% registered bonds callable at 106 beginning in 2031, 60 due 2035 (net of unamortized discount of $2) [note 8] Shareholders' Equity Equity-stock warrants um