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A company has a $1,000 bond, and it's being converted into 100 shares of common stock ($1par). At the time of conversion, there is an

A company has a $1,000 bond, and it's being converted into 100 shares of common stock ($1par). At the time of conversion, there is an unamortized discount of $50. How much should be recorded in paid-in capital in excess of par-common stock?

A. $950

B. $1,000

C. $900

D. $850

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