please help with multiple choice. will give thumbs up :)

On June 1, 2024, Gislason Co issued $14 million of 10 -year, 119 bonds at 107 . Each $1,000 bond was issued with 30 detachable stock warrants, each of which entitled the bondholder to purchase, for $40, one share of Gislason's no par common stock. On June 1, 2024 , the market value of each warrant was $4.25. By what amount should Gislason's shareholders' equity increase when the bonds are issued? [5 points] $59,500 $420,000 $14,980,000 $14,000,000 $1,785,000