On April $1,2024,$ Austere Corporation issued $$350,000$ of $10\%$ bonds at $107.$ Each $$1,000$ bond was sold with $50$ detachable stock warrants, each permitting the investor to purchase one share of common stock for On that date, the market value of the common stock was $$14$ per share and the market value of each warrant was $$3.$ Austere should record what amount of the proceeds from the bond issue as an increase in liabill

Multiple Choice

$$322,000$

$$246,500$

$$0$

$$447,300$