On May $1,2025,$ Sheridan Co$.$ issued $$1500000$ of $7\%$ bonds at $104.$ The bonds aredueon April $30,2031.$ Twenty detachablestock warrantsentitling the holder to purchase for $$40$ oneshare of Sheridan's common stock, $$15$ parvalue, were attached to each $$10n0$ bond. The bonds without the warrants would sell at $95.$ On May $1,2025,$ the fair value of Sheridan'scommon stock was $$35$ per share and of the warrantswas $$2.$

On May $1,2025,$ Sheridan should credit Paid$-$in Capital from Stock warrants for

$$63200.$

$$62192.$

$$142200.$

$$66392.$