Question 8 On July 1, 2017, Monty Corporation issued $2,800,000 Bf 9% bands payable in 20 years. The bonds include detachable warrants giving the bondholder the right to purchase for $30 one share of $1 par value common stock at any time during the next 10 years. The bonds were sold for $2,800,000. The value of the warrants at the time of issuance was $125,000. Prepare the journal entry to record this transaction. (Ifnu entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Dale Account \"115 and Explanation Debit Credit July 1, 2017 l l l l l