On March 1, 2024, Doman Corp. issued $1 million of 10%, nonconvertible bonds at 105. They were due on February 28, 2034. Each $1,000 bond was issued with 50 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?