Question: Current Attempt in Progress On March 1, 2021, Bramble Corp. issued $1980000 of 8% nonconvertible bonds at 103, which are due on February 28, 2041.

Current Attempt in Progress On March 1, 2021, Bramble Corp. issued

Current Attempt in Progress On March 1, 2021, Bramble Corp. issued $1980000 of 8% nonconvertible bonds at 103, which are due on February 28, 2041. In addition, each $1000 bond was issued with 25 detachable stock warrants, each of which entitled the bondholder to purchase for $50 one share of Bramble common stock, par value $25. The bonds without the warrants would normally sell at 95. On March 1, 2021, the fair value of Bramble's common stock was $40 per share and the fair value of the warrants was $2. What amount should Bramble record on March 1, 2021 as paid-in capital from stock warrants? $83170 $71570 $99000 $101970

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