Tim Howard Gloves issued 6.75% bonds with a face amount of 532 million, together with 20 milion shares of its par common stock for a combined cash amount of $60 milion. The fair value of Howard's stock cannot be determined. The bonds would have sold for 526 minit od spy Por this transaction, Howard should record pard-in capital-excess of par in the amount of Me Choice mon 514 million $34 million $10 million