On January 1, 2023, Sheridan Ltd. issued 8605 -year, 10% convertible bonds at par of $1,000, with interest payable each December 31. Each bond is convertible into 100 common shares, and the current fair value of each common share is $6. Similar straight bonds carry an interest rate of 12%. Click here to view the factor table. (a) Your answer is incorrect. Calculate the PV of the debt component by itself. Calculate using any of the following methods: (1) factor tables, (2) a financial calculator, or (3) Excel function PV. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answers to 0 decimal places, e.g. 5,275.) PV of the debt component $ B) How should Sheridan record the issuance if it follows IFRS? Use the amount you arrived at in part (a) using a financial calculator or Excel. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) C) How should Sheridan record the issuance if it follows ASPE? ( If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)