On April 7, 2017, Ortiz Corporation sold a $4,000,000, twenty-year, 8 percent bond issue for $4,240,000. Each $1,000 bond has two detachable warrants, each of which permits the purchase of one share of the corporation's common stock for $30. The stock has a par value of $25 per share. immediately after the sale of the bonds, the corporation's securities had the following market values: 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 Ortiz did not know the market value of the stock warrants