Saved On January 1, 2021, Fowl Produc sued $74 million of 6%, 10-year convertible bonds at a net price of $75.0 million. Fowl recently issued similar, but nonconvertible, bonds at 99 (that is, 99% of face amount). The bonds pay interest on June 30 and December 31 Each $1,000 bond is convertible into 25 shares of Fowl's no par common stock. Fowl records interest by the straight-line method On June 1, 2023, Fowl notified bondholders of its intent to call the bonds at face value plus a 2% call premium on July 1, 2023. By June 30 all bondholders had chosen to convert their bonds into shares as of the interest payment date. On June 30, Fowl paid the semiannual interest and issued the requisite number of shares for the bonds being converted Required: 1. Prepare the journal entry for the issuance of the bonds by Fowl 2. Prepare the journal entry for the June 30, 2021, interest payment 3. Prepare the journal entries for the June 30, 2023, interest payment by Fowl and the conversion of the bonds (book value method Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the journal entry for the issuance of the for the convertible bonds by Fowl. (If no amtry is required for a transaction/event, t "No journal entry required" in the first account field. Enter your answer in whole dollars) View transaction is Journal entry worksheet Record the issuance of the convertible bonds by fowl Clate January 01, 20 esc Cowdr # c + L C >> 66 & MD 7 B