1. On March 1, 2020, Rabat Corp. sold $ 300,000 (par value), 20 year, 8% bonds at 104. Each $ 1,000 bond was issued with 25 detachable warrants, each of which entitled the bondholder to purchase for $ 50 one of Rabat's no par value common shares. The bonds without the warrants would normally sell at 95. At this time, the market value of Rabat's common shares was $ 40 per share and the market value of each warrant was $ 2.00. Using the relative fair value method, what amount should Rabat record on March 1, 2020 as Contributed SurplusStock Warrants?

2 ) On April 7, 2020, Soweto Corp. sold a $ 1,000,000 (par value), 20 year, 8% bond issue for $ 1,060,000. Each $ 1,000 bond has two detachable warrants. Each warrant permits the purchase one of Soweto's no par value common shares for $ 30. At the time of the sale, Soweto's securities had the following market values:

3) Bissau Ltd. issued $ 4,000,000, 5-year, 8% convertible bonds at par. Bonds pay interest annually. Each $ 1,000 bond is convertible to 200 of Bissau's no par value common shares, which are currently trading at $ 25 each. The current market rate for similar non-convertible bonds is 10%. Assuming Bissau adheres to IFRS, the value to be recorded for the conversion option is