On September $1,2025,$ Marigald Company sold at $104($plus ascrued interest$)3,360$ of its $5\%,10-$rear, $$1,000$ face value, moxomertible bonds with detachible stock wartants. Each bond carried two detachable warrants. Each warrant was for one share of comman steck at a specified option price of $$15$ per share Shorty after issuance, the warrants were quated on the market for $$3$ esch. No fair value can be determined for the Marisold Compary bonds. Interest is payable cn December $1$ and June $1.$