fogel co. has $3,000,000 of 8% convertible bonds outstanding. each $1,000 bond is convertible into 30 shares of $30 par value common stock. the bonds pay interest on january 31 and july 31. on july 31, 2014, the holders of $960,000 bonds exercised the conversion privilege. on that date the market price of the bonds was 105 and the market price of the common stock was $36. the total unamortized bond premium at the date of conversion was $210,000. fogel should record, as a result of this conversion, a