On its acquisition-date consolidated balance sheet, what amount should TruData report as patented technology (net)?
a. $200,000.
b. $230,000.
c. $410,000.
d. $430,000.

On July 1, TruData Company issues 10,000 shares of its common stock with a $5 par value and a $40 fair value in exchange for all of Webstat Company€™s outstanding voting shares. Webstat€™s precombination book and fair values are shown below along with book values for TruData€™saccounts.

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TruData Book Values Webstat Book Values Webstat Fair Values $(250,000) 170,000 (130,000) 140,000 190,000 Revenues (1/1 to 7/1) Expenses (1/1 to 7/1) Retained earnings, 1/1 Cash and receivables Inventory Patented technology (net) Land Buildings and equipment (net) Liabilities Common stock Additional paid-in capital $(130,000) 80,000 (150,000) 60,000 145,000 180,000 200,000 75,000 (360,000) (70,000) (30,000) 60,000 175,000 200,000 225,000 75,000 (350,000) ..230,000 400,000 100,000 (540,000) (300,000) (10,000)