On September 1, 2017, Marin Company sold at 104 (plus accrued interest) 4,320 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $16 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marin Company bonds. Interest is payable on December 1 and June 1. Bond issue costs of $25,200 were incurred. Prepare in general journal format the entry to record the issuance of the bonds.