On January 1, 2018, Rhapsody Corp., a closely held corporation, issued 5% bonds with a maturity value of $82000, together with 1210 shares of its $2 par value common stock, for a combined cash amount of $120086. The market value of Rhapsody's stock is uncertain. If the bonds had been issued separately they would have sold at 103. What amount will Rhapsody increase its TOTAL PAID IN CAPITAL upon issuing the stock?

out to 7 points On January 1, 2018 Rhapsody Corp. a closely held corporation, issued 5% bonds with a maturity valce of 582000, together with 1210 shares of its $2 par vale common stock for a combined cash amount of $120086. The market value of Rhapsody's stock is uncertain the bonds had been issued separately they would loves 105 What amount wil Rhapsody increase its TOTAL PAID IN CAPITAL upon issuing the stock