Sunland Inc. issued $$3$ million of $10-$year, $9\%$ convertible bonds on June $1,2023,$ at $98$ plus accrued interest. The bonds were dated April $1,2023,$ with interest payable April $1$ and October $1.$ Bond discount is amortized semi$-$annually. Bonds without conversion privileges would have sold at $97$ plus accrued interest.

On April $1,2024,$ $$0\mathrm{.}75$ million of these bonds were converted into $15,000$ common shares. Accrued interest was paid in cash at the time of conversion. Assume that the company follows IFRS.