Hello, I need help with the new information but I am posting a pic of the original question for reference.

This information below is what I need assistance in.

After you have completed your detailed review, rework the exercise using my detailed solution as a template, but now based on the following facts:

$6,000,000 4% Bonds issued @104 on 1/1/17.

Interest is paid every six months 6/30 & 12/31.

Premium is amortized on a straight-line basis.

After 2 years from the date of issue, the bonds can be converted into Common Stock as follows: For every $1,000 in bonds, the bond holder can convert the bond into 8 shares of common stock.

On 1/1/19 $600,000 of bonds are converted: $600,000/$1,000 = 600 x 8 = 4,800 shares.

On 3/31/19 an additional $600,000 of bonds are converted: $600,000/$1,000 = 600 x 8 = 4,800 shares.

Using the above information, prepare the required journal entries on the following dates:

a. December 31, 2018

b. January 1, 2019

c. March 31, 2019

d. June 30, 2019

E16-6 (L01) (Conversion of Bonds) On January 1, 2017, Gottlieb Corporation issued $4,000,000 of 10-year, 8% convertible debentures at 102. Interest is to be paid semiannually on June 30 and December 31. Each $1,000 debenture can be converted into eight shares of Gottlieb Corporation $100 par value common stock after December 31, 2018. On January 1, 2019, $400,000 of debentures are converted into common stock, which is then selling at $110. An additional $400,000 of debentures are converted on March 31, 2019. The market price of the common stock is then $115. Accrued interest at March 31 will be paid on the next interest date. Bond premium is amortized on a straight-line basis. Instructions Make the necessary journal entries for: (a) December 31, 2018. (c) March 31, 2019, (b) January 1, 2019. (d) June 30, 2019 Record the conversions using the book value method. to mimdditional canital hy issuing $170.000 face