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On July 1,2025 , an interest payment date, $148000 of Wildhorse Co, bonds were converted into 2930 shares of Wildhorse Co. common stock, each having

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On July 1,2025 , an interest payment date, $148000 of Wildhorse Co, bonds were converted into 2930 shares of Wildhorse Co. common stock, each having a par value of $45 and a market value of $52. There is $6900 of unamortized discount on the bonds. If the book value method is used, wildhorse would record no change in paid-in capital in excess of par. an $11260 increase in paid-in capital in excess of par. a $9250 increase in paid-in capltal in excess of par. a $4360 increase in paid-in capital in excess of par

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