Question: On May 1 , 2 0 2 5 , Oriole Co . issued $ 2 2 0 0 0 0 0 of 6 % bonds

On May 1,2025, Oriole Co. issued $2200000 of 6% bonds at 102, which are due on April 30,2031. Twenty detachable stock warrants entitling the holder to purchase for $40 one share of Oriole's $15 par value common stock were attached to each $1000 bond. The bonds without the warrants would sell at 96. On May 1,2025, the fair value of Oriole's common stock was $34 per share and of the warrants was $2.
On May 1,2025, Oriole will credit Paid-in Capital from Stock Warrants for
$89760.
$84000.
$88000.
$132000.
On May 1 , 2 0 2 5 , Oriole Co . issued $ 2 2 0 0

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