Vaughn Manufacturing issued at a premium of $11200 a $196000 bond issue convertible into 3900 shares of common stock (par value $20). At the time of the conversion, the unamortized premium is $4400, the market value of the bonds is $216000, and the stock is quoted on the market at $60 per share. If the bonds are converted into common, what is the amount of paid-in capital in excess of par to be recorded on the conversion of the bonds

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

its kinda hard to answer this when we dont have all the information that we need.

answer; personality;

answer; (c) communism and socialism;