On Lamary 1; 2023 , wi3 Corporation iksued a serics of 100 comvertide berdk maturing in 5 years. The face amount of each bond was $500. Wes recelved $51.200 for the bond issue. The bonds puid interest every December 31 at 7x the market intereat eate for bonds with a comparable level of thk was 7.505. The bends were tersertible to cummon shaes at a rate of 12 conrien dhares per bend. WIe anortied bond premiums and dincounts usine the effective interest inethod, and the corrparns year end was Deceerier 31. WIe follows ASPE. On lamary 1, 2024, 20 of the bonds were corverted into cortumon shares. On lune 30 2024, andher 20 borids were comverted into compon share. The bondholsers chose to torfen the actrued inierest en these bends. On Janaary 1,2025, when the tar value of the bonds was $30,630 due to a decreave in mathet inderest rates, a comeruion inducement of 530 bond was offered to the remainine bontholders to comet their bents tesommenshares. All of the remainine de bonds were converted into common tares at thes tine, a. Prepare the iournai entry at Jamary 1.2023. b. Prepare the poundentry at Decunber 31,2023. E. Mepure the fainat entry at lanuary 1.2024. d. Prepare tfe jounedentey at lure 302024 4. Hrepae the pournal entry as Cecenter 31.2024 Prepare the journal entey at lanaaty 1.202h On Lamary 1; 2023 , wi3 Corporation iksued a serics of 100 comvertide berdk maturing in 5 years. The face amount of each bond was $500. Wes recelved $51.200 for the bond issue. The bonds puid interest every December 31 at 7x the market intereat eate for bonds with a comparable level of thk was 7.505. The bends were tersertible to cummon shaes at a rate of 12 conrien dhares per bend. WIe anortied bond premiums and dincounts usine the effective interest inethod, and the corrparns year end was Deceerier 31. WIe follows ASPE. On lamary 1, 2024, 20 of the bonds were corverted into cortumon shares. On lune 30 2024, andher 20 borids were comverted into compon share. The bondholsers chose to torfen the actrued inierest en these bends. On Janaary 1,2025, when the tar value of the bonds was $30,630 due to a decreave in mathet inderest rates, a comeruion inducement of 530 bond was offered to the remainine bontholders to comet their bents tesommenshares. All of the remainine de bonds were converted into common tares at thes tine, a. Prepare the iournai entry at Jamary 1.2023. b. Prepare the poundentry at Decunber 31,2023. E. Mepure the fainat entry at lanuary 1.2024. d. Prepare tfe jounedentey at lure 302024 4. Hrepae the pournal entry as Cecenter 31.2024 Prepare the journal entey at lanaaty 1.202h