On August 1, 2022, Slytherin Corporation issued $10.10 million of 10% bonds at 104. The bonds mature in 20 years. Each $1,000 bond was issued with 25 detachable stock warrants, each of which entitled the bondholder to purchase, for $51, one share of Slytherin's no par common stock. On August 1, 2022, the market value per share for Slytherin stock was $57 and the market value of each warrant was $5. On March 15, 2028, when Slytherin common stock had a market price of $71 per share and the unamortized discount balance was $310,000, 15% of the warrants were exercised. 1. Prepare the journal entry on August 1, 2022, to record the issuance of the bonds by Slytherin. 2. Prepare the journal entry on March 15, 2028 to record the exercise of the warrants. Complete this question by entering your answers in the tabs below. Journal Entries Prepare the journal entries to record the issuance of the bonds on August 1, 2022 and the exercise of the warrants on March 15 2028. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) Complete this question by entering your answers in the tabs below. Journal Entries Prepare the journal entries to record the issuance of the bonds on August 1, 2022 and the exercise of the warrants on March 15 2028. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 10.504,000 858,500 August 01, 2022 Discount on bonds payable Discount on bonds payable Bonds payable Equity-stock warrants 10,100,000 1,262,500 2 March 15, 2028 Common stock 2,121,000 Investment in bonds Equity-stock warrants 189,375 1,931,625