On January 1,2024, Giess Textiles issued $12.6 million of 9%,10-year convertible bonds at 103 . - The bonds pay interest on June 30 and December 31 . - Each $1,000 bond is convertible into 30 shares of Gless's no par common stock. - Bonds that are similar in all respects, except that they are nonconvertible, currently are selling at 97 (that is, 97% of face amount). - Century Services purchased 10% of the issue as an investment. Required: Assume Gless Textiles prepares its financial statements according to International Financial Reporting Standards. Prepare the journal entry for the issuance of the bonds by Gless using the net method. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars