X EP14-20 (similar to) Question Help 2 (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an ordinary Annuity table.) CTY Company issued 3,000 of its $1,000 par value bonds for $1,150, providing total cash proceeds of $3,450,000. It sold each bond with 41 detachable warrants Each warrant provides the holder with the right to acquire one share of the company's $2 par value, common stock for $19 per share. CTY has existing bonds outstanding that trade without warrants at $1,000. There are other CTY warrants outstanding that trade for $19 each. What is the journal entry to record the exercise of the warrants? (Record debits first, then credits. Exclude explanations from any journal entries. Round any intermediary calculations to the nearest hundredth of a percent, XXX%. Round the amount you input in the cell to the nearest whole dollar (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an ordinary Annuity table.) Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of an Annuity Due table.) Account At Exercise