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On March 1, 2024, Doman Corp. issued $1 million of 10%, nonconvertible bonds at 103. They were due on February 28, 2034. Each $1,000 bond

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On March 1, 2024, Doman Corp. issued $1 million of 10%, nonconvertible bonds at 103. They were due on February 28, 2034. Each $1,000 bond was islued with 40 detachable stock warrants, each of which entitled the holder to purchase, for $50, one share of Doman common stock. On March 1, 2024, the quoted market value of Doman's common stock was $37 per share, and the market value of each warrant was $6. What amount of the bond issue proceeds should Doman record as an increase in equity? On January 1, 2012, Hulk Co.enters into a contract with a customer to build a bridge on the customer's land for $2,000,000. The construction of the bridge is expected to be completed at the end of 2014. Hulk recognizes revenue over time according to the percentage of completion. At contract inception, Hulk estimates that the expected total cost of construction will be $1,400,000. Below are the (1) actual costs incurred during each year, (2) expected costs to complete the construction, and (3) amounts billed to the customer: 2012 2013 2014 Costs incurred each year $600,000 $400,000 $500,000 Costs expected in the following years $900,000 $562,5000 Amounts billed to (and paid by) the customer each year $550,000 $650,000 $800,000

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