On April 7, 2016, Denehy Corporation sold a $4,000,000, twenty-year, 8 percent bond issue for S4,240,000. Each $1,000 bond has two detachable warrants, each of which permits the purchase of one share of the corporation's common stock for S3 Immediately after the sale of the bonds, the corporation's securities had the following market values 0. The stock has a par value of S25 per share. 8% bond without warrants Warrants Common stock $1,008 21 28 What is the journal entry to record the sale of the bonds? What is the entry if Denehy did not know the market value of the stock wartants