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On January $1,2023,$ Coronado Corporation, which follows IFRS, issued a series of $501$ convertible bonds, maturing in five years. The

face amount of each bond was $$1,000.$ Coronado received $$530,600$ for the bond issue. The bonds paid interest every December $31$ at

$5\%$; the market interest rate for bonds with a comparable level of risk was $6\%.$ The bonds were convertible to common shares at a rate

of ten common shares per bond. Coronado amortized bond premiums and discounts using the effective interest method, and the

company's year$-$end was December $31.$

On January $1,2024,100$ of the bonds were converted into common shares. On June $30,2024,$ another $100$ bonds were converted into

common shares. The bondholders chose to forfeit the accrued interest on these bonds.

On January $1,2025,$ when the fair value of the bonds was $$295,600$ due to a decrease in market interest rates, a conversion

inducement of $$20/$bond was offered to the remaining bondholders to convert their bonds to common shares. All of the remaining $301$

bonds were converted into common shares at that time.

a$.$ Prepare the journal entry at January $1,2023.$

b$.$ Prepare the journal entry at December $31,2023.$

c$.$ Prepare the journal entry at January $1,2024.$

d$.$ Prepare the journal entry at June $30,2024.$

e$.$ Prepare the journal entry at December $31,2024.$

f$.$ Prepare the journal entry at January $1,2025.$

$($Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and the final answer to $0$ decimal places e$.$g$.58,971.$ Credit account

titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account

titles and enter O for the amounts. List all debit entries before credit entries.$)$

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