Question: I need help solving this general accounting question with the proper methodology. On January 1, 2020, D Corp. issued $2,000,000 of 8% nonconvertible bonds at

I need help solving this general accounting question with the proper methodology.

On January 1, 2020, D Corp. issued $2,000,000 of 8% nonconvertible bonds at 98, due on January 1, 2025. Each $1,000 bond was issued with 50 detachable stock warrants, each of which entitled the holder to purchase, for $50, one share of D Corp.'s $30 par common stock. On January 1, 2020, the market price of each warrant was $4. What amount should the bond issue proceeds increase shareholders' equity

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