On May $1,2020,$ Wong Ltd$.$ issued a $ $500,000,10$ year, $7\%$ bonds at $103.$ Twenty detachable warrants were attached to each $ $1,000$ bond, which entitled the holder to purchase one of Wong$$s no par value common shares for $ $40.$ At this time, similar bonds without warrants were selling at $96.$ It was determined that the fair value of Wong$$s common shares was $ $35,$ but the value of the warrants was NOT determinable. Wong is a private corporation that follows ASPE, but does NOT use the residual method.

On May $1,2020,$ Wong should credit Contributed Surplus$$Stock Warrants for