On July $1,2024,$ when its $$1$ par value common stock was selling for $$66$ per share, Ivanhoe Corp. issued $$25,500,000$ of $6\%$

convertible debentures due in $10$ years. The conversion option allowed the holder of each $$1,000$ bond to convert the bond into $10$

shares of the corporation's common stock. The debentures were issued for $$27,030,000.$ The corporation believes the difference

between the par value and the amount paid is attributable to the conversion feature. On January $1,2025,$ the corporation's common

stock was split $2$ for $1,$ and the conversion rate for the bonds was adjusted accordingly. On January $1,2026,$ when the corporation's

$$0\mathrm{.}50$ par value common stock was selling for $$38$ per share, holders of $10,200$ of the convertible debentures exercised their

conversion options. The corporation uses the straight$-$line method for amortizing any bond discounts or premiums.

$($a$)$ Prepare in general journal form the entry to record the original issuance of the convertible debentures. $($Credit account titles are

automatically indented when 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.$)$