On January $1,2023,$ Riverbed Corporation, which follows IFRS, issued a series of $501$ convertible bonds, maturing in five years. The face amount of each bond was $\backslash (\backslash$$ $1,000\backslash ).$ Riverbed received $\backslash (\backslash$$ $532,100\backslash )$ for the bond issue. The bonds paid interest every December $31$ at $\backslash (5\backslash \%\backslash )$; the market interest rate for bonds with a comparable level of risk was $\backslash (6\backslash \%\backslash ).$ The bonds were convertible to common shares at a rate of ten common shares per bond. Riverbed 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 $\backslash (\backslash$$ $297,100\backslash )$ due to a decrease in market interest rates, a conversion inducement of $\backslash (\backslash$$ $20/\backslash )$ 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 $0$ for the amounts. List all debit entries before credit entries.$)2025$

Bonds Payable

CashRetained Earnings