On January 1, 2021, Western Corporation issued $500,000 of 5-year, 10% bonds at 104 with interest paid semiannually. Each $1,000 bond was sold with 22 detachable stock warrants, each permitting the investor to purchase one share of common stock for $28. On that date, the market value of the common stock was $26 per share and the market value of each warrant was $6. Additionally on that date, bonds identical in nature but issued without warrants sold for a price yielding an effective return of 11%. By what amount will the bond issuance increase Westerns liabilities? INCREASE BY: