Whispering Corporation issued 2,100, ten year, 6% bonds for 104 on January 1, 2020. Interest is paid annually. Each $1,000 bond carried a detachable warrant allowing the holder to purchase 260 common shares in Whispering at $14 per share, the price at which Whispering shares were trading on the day of the sale of the bonds. Similar straight bonds trading on the open market paid 7%. On June 30, 2020, 315 of the bond holders exercised the options to buy the shares. Prepare the journal entries to record these events. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answer to decimal places eg. 58,971. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Cash 2184000 Bonds Payable 2100000 Contributed Surplus - Stock Warrants 84000 June 30 Cash 315000 Contributed Surplus - Stock Warrants Common Shares