On January 1, 2017, Crane Ltd. issued 800 3-year, 3% convertible bonds at par of $670, with interest payable each December 31. Each bond is convertible into 68 common shares, and the current fair value of each common share is $6 per share. similar straight bonds carry an interest rate of 7%. Calculate the PV of the debt component by itself. (Round answer to o decimal places, e.g. 5,250.) PV of the debt component s SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXTLINK TO TEXT How should Crane record the issuance if it follows IFRS? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places,e.g. 5,275.) Date Account Titles and Explanation Debit January 1 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT How should Crane record the issuance if it follows ASPE? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit January 1