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Question 6 View Policies Current Attempt in Progress On May 1, 2021. Waterway Industries issued...

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Question 6 View Policies Current Attempt in Progress On May 1, 2021. Waterway Industries issued $1650000 of 6% bonds at 103, which are due on April 30, 2031. Twenty detachable stock warrants entitling the holder to purchase for $40 one share of Waterway's common stock. $15 par value, were attached to each $1.000 bond. The bonds without the warrants would sell at 95. On May 1, 2021, the fair value of Waterway's common stock was 535 per share and of the warrants was $2 On May 1, 2021. Waterway should credit Paid in Capital from Stock Warrants for $64467 $111067 $66000 O $60667

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