You own 100 convertible bonds issued by Eagles, Inc. You bought it when the company's stock traded at $35/share. It is convertible at a price of $40 per share. Eagles is performing very well and the stock now trades at $85 per share. You decide to convert your bonds into common shares. Remember that each bond has a par value of $1,000. At the current market value, what are your shares worth? Use $ symbol and commas if appropriate. Round to the nearest $.