On April 1, 2018, Austere Corporation issued $390,000 of 11% bonds at 107. Each $1,000 bond was sold with 40 detachable stock warrants, each permitting the investor to purchase one share of common stock for $18. On that date, the market value of the common stock was $14 per share and the market value of each warrant was $4. Austere should record what amount of the proceeds from the bond issue as an increase in liabilities? Multiple Choice 50. $354,900. $354,900. $279,400. $480,200