On April 1, 2024, Zebra Co.. issued bond with detachable warrants. At the time of the issuance, the company issued $22,500,000 par value 8% bond at 102. The company issued one detachable warrant with each $1,000 par value bond. When the bond was issued, the warrants were selling at $40 each. It is estimated that the fair value of the bonds without the warrants is $20,250,000

What amount should the company debit to the Discount on Bonds Payable? (round calculations to 2 decimal places)

a)

$900,000

b)

$0.00

c)

$468,000

d)	$2,250,000