[Show your computation] Prepare the journal entries for each independent transaction below: Basilica Inc. issued 6,200,000 par value 10% convertible bonds at 99. If the bonds had not been convertible, the company's investment banker determines that they would have been sold at 95. Parto Company issued 7,000,000 par value 10% bonds at 98. One share warrant was issued with each 100 par value bond. At the time of issuance, the warrants were selling for 4. The net present value of the bonds without the warrants was 6,800,000. Statocorp called its convertible debt in 2021. Assume the following related to the transaction: The 11% 5,000,000 par value bonds were converted into 500,000 shares of 1 par value ordinary shares on July 1, 2021. The carrying amount of the debt on July 1 was 4,800,000. The Share Premium--Conversion Equity account had a balance of 100,000 and the company paid an additional 35,000 to the bondholders to induce conversion of all the bonds. The company records the conversion using the book value method