Question: On March 1 , 2 0 2 5 , Rulz Corporation issued $ 2 , 0 0 0 , 0 0 0 of 8 %

On March 1,2025, Rulz Corporation issued $2,000,000 of 8% nonconvertible bonds at 104. The bonds are due on February 28,2041. In addition, each $1,000 bond was issued with 25 detachable stock warrants, each of which entitied the bondholder to purchase one share of Ruiz's $25 par value common stock for $50. The bonds without the warrants would sell at 95. On March 1,2025, the fair value of Ruiz's common stock was $40 per share and the fair value of the warrants was $2 per stock warrant. What amount should Ruiz record on March 1,2025 as paid-in capital from stock warrants?
$85.200
573,600
$104,000
$100,000
On March 1 , 2 0 2 5 , Rulz Corporation issued $

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