Escalante Company issued $20,000$ shares of $7\%,$ $$50$ par preferred stock. Associated with each share of stock was a detachable common stock warrant. Each warrant entitles the holder to purchase one share of the company$$s $$1$ par common stock for $$20$ per share. Each unit $($one share of preferred stock and one warrant$)$ was issued for $$55.$ It is estimated that each warrant could have been issued for $$3$ if issued alone, and the preferred stock could have been issued for $$52$ if issued alone. Which ONE of the following should be included in the journal entry necessary to record the issuance of the preferred stock$-$warrant units?

DEBIT Common Stock Warrants for $$60,000$

CREDIT Paid$-$In Capital in Excess of Par, Preferred for $$100,000$

DEBIT Common Stock Warrants for $$100,000$

CREDIT Paid$-$In Capital in Excess of Par, Preferred for $$40,000$