Question: O n March 1 , 2 0 2 5 , Blossom Corporation issued $ 2 0 2 0 0 0 0 o f 9 %

On March 1,2025, Blossom Corporation issued $2020000of9% nonconvertible bonds at104. The bonds 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 one share of Blossom's $25 par value common stock for $50. The bonds without the warrants would sell at95.On March 1,2025, the fair value of Blossom's common stock was $40 per share and the fair value of the warrants was $2 per stock warrant. What amount should Blossom record on March 1,2025as paid-in capital from stock warrants?

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