On July 1, 2018, an interest payment date, $152000 of Bonita Industries bonds were converted into 3050 shares of Bonita Industries common stock each having a par value of $45 and a market value of $54. There is $6700 unamortized discount on the bonds. Using the book value method, Bonita would record

a $8050 increase in paid-in capital in excess of par.

no change in paid-in capital in excess of par.

a $19400 increase in paid-in capital in excess of par.

a $12700 increase in paid-in capital in excess of par.