On January 1, 2015, Slug Corporation issued $5.6 million of 8%, 10-year convertible bonds at 102. The bonds pay interest on June 30 and December 31. Each $1,000 bond is convertible into 40 shares of $1 par common stock. Fuzz Company purchased 20% of the issue as an investment. On July 1, 2019, Fuzz converted all of its bonds into common stock of Slug. The market price per share for Slug was $28 at the time of the conversion. Both companies use the straight-line method for amortization. (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.)

Record the journal entry

1. Record the ISSUER-Issuance.

2.Record on the INVESTOR-Purchased 20% of the issue.

3.Record the ISSUER-Conversion of semiannual periods later.

4. Record the INVESTOR-Conversion of semiannual periods later