15.The ZimbabweanFinancial Bank has the following capital structure:

Long-term debt = $400,000,000

Common stock ($1 par value) = $50,000,000

Contributed capital in excess of par = $250,000,000

Retained earnings = $600,000,000

TOTAL = $1,300,000,000

Due to issues that they are having internally, they have decided that they need to raise additional capital. They plan on doing this by issuing $100,000,000 of 8% debentures with warrants attached. Each $1,000 debenture that they sell will include 40 warrants. Each warrant will allow the holder to purchase one share of common stock at $20/share.

Assuming that no other changes will occur to the target capital structure (no additional preferred stock for instance), what will the contributed capital in excess of par change to after the warrants are exercised? Please write the answer down in whole numbers (i.e. if the answer is 80 million, write 80000000)