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(5 points) On September 1, 2021, right after an interest payment, $6,001,000 of Hirola's outstanding bonds were converted into 900,000 shares of Hirola's $2 par

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(5 points) On September 1, 2021, right after an interest payment, $6,001,000 of Hirola's outstanding bonds were converted into 900,000 shares of Hirola's $2 par value common stock. At the time of the conversion, the common stock had a market value of $3 and the bond had an unamortized discount of $150,000. Based on this information, what will be the change in Hirola's additional paid in capital - common stock account due to the conversion? (NIE 13) $4,201,000 $2.971.000 $4,051,000 O $4,351,000

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