one multiple choice question

On April 1, 2018, Austere Corporation issued $300,000 of 10% bonds at 105. Each $1,000 bond was sold with 25 detachable stock warrants, each permitting the investor to purchase one share of common stock for $17. On that date, the market value of each warrant was $4. Austere should allocate what amount of the proceeds to just the bond issue? [Hint: You have to divide the bond sale proceeds between warrants and bonds] Select one: A. $300,000. B. $285,000. C. $315,000. D. $O