On May $1,2021,$ Payne Co$.$ issued $$1\mathrm{.}500,000$ of $7\%$ bonds at $103,$ which are due on April $30,2031.$ Twenty detachable stock warrants entiting the holder to purchase for $$40$ one share of Payne's common stock $$15$ par value, were attached to each $$1,000$ bond. The bonds without the warkints would sell at $96.$ On May $1.2021,$ the fair value of Parne's common stock was $$35$ per share and of the warrants was $$2.$ On May $1,2021,$ Payne should credit Paid$-$in Capital from Stock Werants for

$357,400$

$$60000$

$$61,800$

$$105,000$