Tim Howard Gloves issued 5.75% bonds with a face amount of $39 milion, together with 12 million shares of its $1 per common stock for a combined cash amount of $74 mon. The fair value of Howards cannot be determined The bonds would have sold for $33 mition if issued separately. For the transaction, Howard should record paid in capital-excess of par in the amount of Mutiple Choice $23 mon $41 milion $29