On May 1, 2025, Crane Co. issued $4500000 of 6% bonds at 103. The bonds are due on April 30, 2031. Twenty detachable stock warrants entitling the holder to purchase for $40 one share of Crane's $15 par value common stock were attached to each $1000 bond. The bonds without the warrants would sell at 96 . On May 1, 2025, the fair value of Crane's common stock was $35 per share and of the warrants was $2. On May 1, 2025, Crane will record a discount of $45000. premium of $135000. discount of $50400. discount of $180000