During 2023, Indigo Corp. issued 505, $1000 bonds at 105. One detachable warrant, entitling the holder to purchase 15 of Indigo's common shares, was attached to each bond. At the date of issuance, the market value of the bonds, without the warrants, was 94. The market value of each warrant was $42. Using the relative fair value method, what amount should Indigo credit to Bonds Payable from the proceeds? $474700 $530250 $498435 $505000