please show the calculations During 2018, Gordon Company issued a $1,000 face value, 10-year bond....
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please show the calculations During 2018, Gordon Company issued a $1,000 face value, 10-year bond. Attached to the bond was one detachable stock warrant entitling the holder to purchase 15 shares of Gordons common stock. The bond with its one detachable warrant was issued for $1,020. Just after the issuance, the market value of the detachable warrant was $40 and the market value of each bond, without the stock warrant, was $960. Of the $1,020 proceeds from the issuance, what amount should Gordon treat as stockholders' equity?
$ 960.00
$ 40.00
$ 1,020.00
$ 65.28
$ 40.80
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