million of 20-year, 10% bonds for $2,120,000. Each able warrant eligible for the purchase of one share of Kreal's $50 ately after the bonds were issued, Kreal's securities had 140 ] On May 1, Kreal Corp. issued $2 million of 20-year, $1,000 bond had a detachable warrant eligible par common stock for $60. Immediate the following market values: 10% bond without warrant $1,040 Warrant 20 Common stock, $50 par 56 What amount should Kreal credit to premium on bonds payable