On May 1, 2025, Cullumber Co. issued $1420000 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 Cullumbers common stock, $15 par value, were attached to each $1000 bond. The bonds without the warrants would sell at 95. On May 1, 2025, the fair value of Cullumbers common stock was $35 per share and of the warrants was $2. On May 1, 2025, Cullumber should credit Paid-in Capital from Stock Warrants for