$15.$

On May $1,2025,$ Wildhorse Co$.$ issued $$1620000$ of $6\%$ bonds at $103.$ The bonds are due on April $30,2031.$ Twenty detachable stock warrants entitling the holder to purchase for $$40$ one share of Wildhorse's common stock, $$15$ par value, were attached to each $$1000$ bond. The bonds without the warrants would sell at $96.$ On May $1,2025,$ the fair value of Wildhorse's common stock was $$35$ per share and of the warrants was $$2.$

On May $1,2025.$ Wildhorse should credit Paid$-$in Capital from Stock Warrants for

$$ Attempts: $0$ of $1$ used