Stevens Corporation issued 5% convertible bonds with a total face value of $3,000,000 for $3,000,000. If the bonds had not had a conversion feature, they would have sold for $2,600,000. Under IFRS, the entry to record the transaction would require a credit to: (a) Bonds Payable for $3,000,000. (b) Bonds Payable for $400,000. (c) Share Premium-Conversion Equity for $400,000. (d) Discount on Bonds Payable for $400,000.