On August 1, YR01 Ford Inc. issued $10,000 of 6% convertible bonds payable at 96 . These 5-year bonds are dated July 1 , YR01 and are convertible into $5 par common stock at the rate of 20 common shares per $1,000 bond. Bond interest is paid each July 1 and January 1. The year end for Ford year is December 31st, and the company's accounting policy is to accrue interest and amortize discount/premium once each year at December 31st in a single adjusting journal entry. Discount or premium are amortized on a Assume that on April 1, YR02 $4,000 of the bonds were converted to common stock. On this date the market price of the bonds was 99 and the market price of the common stock was $52. Assume that the correct general ledger balances (on April 1 , YR02) after all entries needed to bring the accounts up to date and after recording any payment of interest, but prior to the conversion were as follows (all accounts have their normal balances): Given these facts, the entry to record the conversion on April 1, YR02 would be (round final answer to nearest dollar): e. None of the answers provided is correct