Using Your Judgment 16-4 On January 1, 2013, Garner issued 10-year, $200,000 face value, 6% bonds at par. Each $1,000 bond is convertible into 30 shares of Garner $2 par value common stock. The company has had 10,000 shares of common stock (and no preferred stock) outstanding throughout its life. None of the bonds have been converted as of the end of 2014. (Ignore all tax effects.) Prepare the journal entry Garner would have made on January 1, 2013, to record the issuance of the bonds.(If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) DateAccount Titles and Explanation Debit Credit Jan. 31, 2013 SHOW LIST OF ACCOUNTS Garner's net income in 2014 was $28,000 and was $26,000 in 2013. Compute basic and diluted earnings per share for Garner for 2014 and 2013. (Round answers to 2 decimal places, e.g. 52.75.) 2013. Compute basic and dluteds arnings er share for Garner for 2014 and 2014 2013 Basic earning per share Diluted earning per share