Current Attempt in Progress

In $2025,$ Crane Company issued seven hundred and sixty, $$1000$ bonds due in ten years at $105.$ One detachable stock warrant entitlin

the holder to purchase $15$ shares of Crane's common stock was attached to each bond. At the date of issuance, the market value of the

bonds without the warrants was quoted at $94.$ The market value of each detachable warrant was quoted at $$40.$ What amount, if any,

of the proceeds from the issuance should be accounted for as part of Crane's stockholders' equity?

$$30400$

$$31920$

$$30056$

$$0$