Bonds $($Face Value $=$$$24M)$ and $4$M shares of common stock $($Par Value $=$$$1)$ are lssued for $$44$M$.$ Bonds' falr value is $$18M.$ Stocks' fair value cannot be determined. This trensection:

A Increases paid$-$In capital by $522$ M

B Increases paid$-$in capital$-$excess of par by $$16$M

C increases pald$-$in capital$-$excess of par by $$22$M

D increases paid$-$in capital$-$excess of par by S$26$M

stip