14) On June 30, 2021, Blair Industries had outstanding of The bonds year $80 million 8% convertible bonds that mature on June 30, 2022. Interest is payable each. on June 30 & December 31. are convertible into 6million shares of $10 par common stocke. At June 30, 2021, the un amortized balan ce in the discount on bonds payable account was $4 million On June 30, 2021, all the bonds were converted when Blair's common stock had a market price of $30 per share the conversion, Blair should credit paid-in recording When capital - excess of par A $24 million B $16 million C. $12 million D $20 million