On January 1, 2022, Vaughn Ltd. issued a 10% convertible bond at par, with a face value of 165,000, maturing on January 1, 2032 (amounts in thousands). The bond is convertible into ordinary shares of Vaughn at a conversion price of 2,500 per share. Interest is payable annually. At date of issue, Vaughn could have issued at par non-convertible debt with a 10-year term bearing an interest rate of 11%. (a) Prepare the journal entry to record the issuance of the convertible debt on January 1, 2022. (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. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Date Account Titles and Explanation January 1, 2022 Debit Credit List of Accounts Bond Interest Expense Bonds Payable Cash Compensation Expense Conversion Expense Gain on Repurchase Interest Expense Liability Under Share-Appreciation Plan Loss on Repurchase No Entry Share Capital-Ordinary Share Capital-Preference Share Premium-Conversion Equity Share Premium-Expired Share Options Share Premium-Ordinary Share Premium-Preference Share Premium-Share Options Share Premium-Share Warrants Unearned Compensation Assistance Used