only need part c

Assume that 75% of the holders of Teal's convertible bonds convert their bonds to stock on June 30, 2021, when Teal's stock is trading at $32 per share. Teal pays $50 per bond to induce bondholders to convert. Prepare the journal entry to record the conversion. (If no entry is required, select "No entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jun. 30, 2021 Bonds Payable 150000 300 9000 141000 300 Cash Teal's net income in 2020 was $32,000 and was $28,000 in 2019. Compute basic and diluted earnings per share for Teal for 2020 and 2019. (Round answers to 2 decimal places, 69.52.75) 2020 2019 3.20 2.80 Basic earning per share Diluted earning per share 2.75 2.50 Prepare the journal entry Teal would have made on January 1, 2019, to record the issuance of the bonds. (If no entry is required, select "No entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan 31. Cash 2019 200000 Bands Payable 200000 On January 1, 2019, Teal issued 10-year, $200,000 face value, 6% bonds at par. Each $1,000 bond is convertible into 30 shares of Teal $2 par value common stock. The company has had 10,000 shares of common stock (and no preferred stock) outstanding throughout its life. None of the bonds have been converted as of the end of 2020. (Ignore all tax effects.)