13 of 31. View Policies Current Attempt in Progress -13 I On May 1, 2021, Sheridan Company 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 Sheridan's common stock. $15 par value, were attached to each $1000 bond. The bonds without the warrants would sell at 96. On May 1,2021. the fair value of Sheridan's common stock was $34 per share and of the warrants was $2 On May 1, 2021, Sheridan should credit Paid-ins Capital from Stock Warrants fur $132000 $88000 O $84000 $89760 Attempts: 0 of 1 used Submit Ac 51433