Twixt Corp. issued $5,250,000 of convertible bonds on 1 January for $5,033,000 cash. The bond had the following terms: Bonds mature in five years time Annual Interest, 6%, is paid each 31 December Bonds are convertible to 525,000 common shares at maturity or can be repaid in cash. This choice is up to Twixt Corp. Current market interest rates are 7% (PV of S1. PVA of $1. and PVAD 0f $1 (Use appropriate tector(s) from the tables provided.) Required: 1. Assign a value to the liability and the equity portions of the bond (Round time value factor to 5 decimal places and final answers to the nearest dollar amount.) Answer is complete but not entirely correct. 34.620,657 Loty portion Equity portion $ 200.343 2. Provide the journal entry to record issuance of the bond. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field. Round time value factor to 5 decimal places. Round your final answers to the nearest dollar amount.) Answer is not complete. No Transaction General Journal Debit 1 Credit Cash Share equity-bond Interest ability on bond GOO 5,033 000 217.000 5,250,000 2. Provide the journal entry to record issuance of the bond, (If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Round time value factor to 5 decimal places. Round your final answers to the nearest dollar amount.) No Transaction Debit Credit Answer is not complete. General Journal Cash Share equity-bond Interestability on bond 5,033.000 217.000 O 5.250,000 3. Provide a schedule to show interest expense and amortization of the ability over the life of the bond (Round time value factor to s decimal places. Round your final answers to the nearest dollar amount. Leave no cell blank. Be certain to enter "o" wherever required.) Answer is complete but not entirely correct. llegirang Ending balance Interest Payment Ya 2 5 5034.703 S 352.310 315.000 15.073,104 3354922 315.000 $ 5,112 241 357.716 315.000 1997 5.112.40 Sooloo 115.100 4 15.155.105360.00 315,000 5200.003 366 340 315.000 5 5.299.00 520.00 4. Not available in Connect