Sanderson Sofas, a family-owned corporation, issued 6.75% bonds with a face amount of$12 million, together with 2 million shares of its $1 par value common stock, for a combined cash amount of $22 million. The market value of Sanderson's stock cannot be determined. The bonds would have sold for $9 million if issued separately. Sanderson should record for paid-in capital excess of par on the transaction in the amount of