On May 1, 2021, Concord Corporation issued $1570000 of 7% bonds at 103, which are due on April 30, 2031. Twenty detachable stock warrants entitling the holder to purchase for $40 one share of Concord's common stock, $15 par value, were attached to each $1,000 bond. The bonds without the warrants would sell at 96 . On May 1, 2021, the fair value of Concord's common stock was $35 per share and of the warrants was $2 On May 1, 2021, Concord should credit Paid-in Capital from Stock Warrants for $60484. $62800. $107884. $64684