QUESTION 6 Archer inc issued $4,000,000 par value. 7% convertible bonds at 99 for cash if the bonds had not included the conversion feature, they would have sold for 95 What is the discount on Bonds payable? O $40,000 O $200,000 $160000 No discount QUESTION 7 Eisler Corporation issued 2,000 $1,000 bonds at 101. Each bond was issued with one detachable stock warrant After issuance, the bonds were selling in the market at 98, and the warrants had a market price of $40. Using the proportional method, what is the discount on Bonds Payable? $80,000 O $59 216 O $79,216 $20,000