On January 1, 2023, Crane Ltd. issued $2240000,5% bonds, which mature on January 1,2030 . The bonds were issued for $2374450 to yield 4%. Crane uses the effective interest method of amortizing bond premium. Interest is payable annually on December 31 . At December 31,2023 , the adjusted balance in the Bonds Payable account should be $2391472.$2357428$2240000$2374450 Carla Vista Ltd. was organized on January 1,2023, with 301800 no par value common shares authorized. During 2023, the corporation had the following share transactions: Jan. 4 Issued 119800 shares at $9 per share Mar. 8 Issued 40200 shares at $10 per share May 17 Purchased 17000 shares at $11 per share and cancelled them July 6 Issued 34000 shares at $12 per share Aug. 27 Issued 10200 shares at $13 per share The total amount of contributed surplus at December 31,2023 is $0. $24750. $157250. $182000. On June 30,2023 , when Crane Inc.'s shares were selling at $30 per share, its capital accounts were as follows: If a 5% stock dividend were declared and distributed, the Common Shares account balance would be $2600000. $1546600. $3155900. $1609300. On December 31,2023 , Sandhill Ltd. had outstanding 3000 no par value, $5, cumulative preferred shares and 31000 no par value common shares. At this time, dividends in arrears on the preferred shares were $7500. Cash dividends declared in 2024 totalled $35000. The amounts paid to each class of shares were Preferred Shares $22500 $7500 $12500 $30000 Common Shares $12500 $30000 $22500 $7500 Grouper Ltd, issued $4007000,5-year, 10% convertible bonds at par. Bonds pay interest annually. Each $1000 bond is convertible 210 of Grouper's no par value common shares, which are currently trading at $26 each. The current market rate for similar nonconvertible bonds is 12%. Assuming Grouper adheres to IFRS, the value to be recorded for the conversion option is $288887. $105000. $5000. $0