Question 18 (2 points) On March 1, 2022, Catwoman Corp. Issued $1,000,000 of 9% nonconvertible bonds at 103, due on February 28, 2031. Each $1,000 bond was issued with 40 detachable stock warrants, each of which entitled the holder to purchase, for $30 one share of Catwoman's $25 par common stock. On March 1, 2021, the market price of each warrant was $7. By what amount should the bond issue proceeds increase shareholders' equity? $0 None of these answers are correct. $280,000 $120,000 $1,000,000 MacBook Air