Bear Co. issued 500 of 8-year, 11% convertible bonds for $535,400. Each bond had a par value of $1,000. Each $1,000 bond converts into seven shares of $1 par value common stock at the option of the bondholder. The market price of the common stock on the commitment date was equal to $110 per share, and the market rate of interest was 11% at issuance. On the date of conversion, the unamortized premium is $18,900. To record the conversion, Bear Co, credits Additional-Paid-in Capital in excess of par - common for