On May 1, 2025,SheridanCo. issued $2300000of8% bonds at104, which are due on April 30, 2031. Twenty detachable stock warrants entitling the holder to purchase for $40one share ofSheridan's $15par value common stock were attached to each $1000bond. The bonds without the warrants would sell at96. On May 1, 2025, the fair value ofSheridan's common stock was $35per share and of the warrants was $2. On May 1, 2025,Sheridanwill credit Paid-in Capital from Stock Warrants for

Select answer from the options below

$92000.

$95680.

$88000.

$184000.