On March 1, 2022, when Town Corporation's common stock had a market price of $20 per share, 40% of the warrants were exercised. Which of the following entries are correct for Town Corporation? O Debit cash of $72,000 O Debit cash of $80,000 O Credit Common Stock of $56,000. O Credit Paid-in capital-Warrants of $16,000 On March 1, 2022, when Town Corporation's common stock had a market price of $20 per share, 40% of the warrants were exercised. Which of the following entries are correct for Town Corporation? O Debit cash of $72,000 O Debit cash of $80,000 O Credit Common Stock of $56,000. O Credit Paid-in capital-Warrants of $16,000