Sunland Corporation sold $190$ convertible, $10-$year bonds at par for $$190,000.$ Each bond pays $5\%$ annual interest and each bond can be converted to ten common shares at the bondholder's request. When the bonds were issued, the common shares were trading for $$13$ per share. The market rate of interest for similar bonds without conversion rights was $7\%.$

Prepare the journal entry to record the issuance of the bonds. $($Round present value factor calculations to $5$ decimal places, eg$.1\mathrm{.}25124$ and the final answers to O decimal places e$.$g$.58,971.$ Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts.$)$