On May 31, 2020. Al-Mahed Company issued 1,000, 14%, 10-year $1.000 bonds at 105. Each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds were selling at 102, while the market value of the warrants is $8.. Prepare the issuance entry. a. Debit- Cash $1,050,000 11 Credit- Bonds Payable $1,000,000; Premium on BP 41,828; PIC- Stock Warrants 8,172. O b. Debit- Cash $1,050,000; Discount on BP 30,000 IT Credit- Bonds Payable $1,000,000; PIC- Stock Warrants 80,000. c. Debit- Cash $1,050,000 || Credit- Bonds Payable $1,000,000; Premium on BP 20,000; PIC- Stock Warrants 30,000. d. Debit-Cash $1,050,000; Discount on BP 20,000 | | Credit- Bonds Payable $1,000,000; PIC- Stock Warrants 70.000