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Current Attempt in Progress Carla Vista Corporation issued convertible bonds at a premium of $ 9 8 0 0 . The $ 1 9 3

Current Attempt in Progress
Carla Vista Corporation issued convertible bonds at a premium of $9800. The $193000 bond issue was convertible into 3200 shares
of common stock (par value $20). Two years later, all of the bonds were converted to shares of stock. At that time, the unamortized
premium was $4200, the market value of the bonds was $213000, and the market value of the stock was $60 per share. What amount
of paid-in capital in excess of par is recorded on the conversion of the bonds?
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