On January 1, 2020, Metlock Corporation issued $3,600,000 of 10-year, 8% convertible debentures at 104. Interest is to be paid semiannually on June 30 and December 31. Each $1,000 debenture can be converted into 8 shares of Metlock Corporation $100 par value common stock after December 31, 2021. On January 1, 2022. $360,000 of debentures are converted into common stock, which is then selling at $109. An additional $360,000 of debentures are converted on March 31, 2022. The market price of the common stock is then $114. Accrued interest at March 31 will be paid on the next interest date. Bond premium is amortized on a straight-line basis. Make the necessary journal entries for: (a) December 31, 2021. (c) {b) January 1, 2022 (d) March 31, 2022 June 30, 2022 Record the conversions using the book value method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, es. 5,275) Debit Credit No. Date Account Titles and Explanation Dec (a) 31, Interest Expense 2021 Premium on Bonds Payable Cash Jan. (6) 1, 2022 Bonds Payable Premium on Bonds Payable CINCOMOD Common Stock Pald in Capital in Excess of Par Common Stock Mar (c) 31 2022 Interest Experie Premium on Bondi Payable Interest Payable (To record interest expense) Mar. 31. 2022 Bonds Payable Premium on Bonds Payable Common Stock Paid-in Capitalin Excess of Par. Common Stock (To record the conversion) Jun. (d) 30, 2022 Interest Expense Premium on Bonds Payable Interest Payable Cash