On January 1, 2020, Mars Corp. issued $5,000,000 of 8% convertible debentures due in 20 years for $4,800,000. The corporation used the straight-line method for amortizing any bond discounts or premiums. Interest payments were due annually on January 1, and the company's year-end was December 31. The conversion option allowed the holder of each $1,000 bond to convert the bond into 10 shares of the corporation's common stock. On January 2, 2021, when the corporation's $25 par value common stock was selling for $75 per share and the unamortized bond discount/premium was $190,000, holders of 80% of the convertible debentures exercised their conversion options. Instructions In the below Excel file, prepare the journal entries for the bond issue, year-end interest accrual, interest payment, and bond conversion. make all the journal entry