On January 1, 2017, Carla Vista Ltd. issued 770 3-year, 3% convertible bonds at par of $520, with interest payable each December 31. Each bond is convertible into 73 common shares, and the current fair value of each common share is $6 per share. Similar straight bonds carry an interest rate of 8%

Calculate the PV of the debt component by itself.

How should Carla Vista record the issuance if it follows IFRS? (Both for January 1)

How should Carla Vista record the issuance if it follows ASPE?