Parker Company issued $$4,000,000,10\%,$ ten$-$year convertible bonds on July $1,2024$ at $97.$ The bonds were dated July $1,2024$ with interest payable every on July $1($annual pay$).$ Bond discount is amortized on a straight$-$line basis. On July $1,2025,$$$1,200,000$ of these bonds were converted into $150,000$ shares of $$3$ par value common stock after the interest payment was made.