On Joh $1,2025,$ an interest payment date. $$143000$ of Blossom Co$.$ bonds were corverted into $2900$ shares of Blossom Co$.$ common stock, each having a par value of $$45$ and a market value of $$52.$ There is $$5000$ of unamortized discount on the bonds. If the book value method is used Blossom would record

$$ a $$7800$ increase in paid$-$in capital in excess of par.

an $$12800$ increase in paid$-$in capital in excess of par.

no change in paid$-$in capital in excess of par.

a $$7500$ increase in paid$-$in capital in excess of par.