Problem 1: On May 31, 2019, Corett 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, but the market value of the warrants cannot be determined. a. Prepare the necessary entry(s) to record the transaction above Date Account Debit Credit b. Assume the same facts as part (a), except that the warrants had a fair value of $8. Prepare the entry to record the issuance of the bonds and warrants. Date Account Debit Credit