Kameela Inc has $ 3,000,000 (par value), 8% convertible bonds outstanding . bond is convertible into thirty no par value common shares . The bonds pay inter anuary 31 and July 31. 

On July 31, 2020, the holders of $ 900,000 worth of bonds ex nversion privilegeOn that date the market price of the bonds was 105, the market mmon shares was $ 36, the carrying value of the common shares was $ 18 and the rplusConversion Rights account balance was $ 450,000 . The total unamortized b mium at the date of conversion was $ 0, 000 . 

Using the book value method , Kam , as a result of this conversion ? Calculate the amount and present it in the books