On July 1, 2021, an interest payment date. $149000 of Bonita Industries bonds were converted into 2970 shares of Bonita Industries common stock each having a par value of $45 and a market value of $56. There is $6600 unamortized discount on the bonds. Using the book value method, Bonita would record a $17320 increase in paid-in capital in excess of par. O a $23920 increase in paid-in capital in excess of par. O no change in paid-in capital in excess of par. O a $8750 increase in paid-in capital in excess of par