On the consolidation working paper at the date of acquisition, elimination E credits the investment account by
a. $ 2,400
b. $ 3,400 $
c. 5,000
d. $13,000
Use the following information to answer questions 5-8 below. All amounts are in thousands.
PR Company pays $10,000 in cash and issues stock with a fair value of $40,000 to acquire all of SX Corporation's stock. SX will be a subsidiary of PR. Balance sheets just prior to the acquisition are as follows:

PR's consultants find these items that are not reported on SX's balance sheet
Potential contracts with new customers $6,000
Advanced production technology 4,000
Future cost savings 2,000
Customer lists 1,000

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PR Company SX Corporation Book value Book value Fair value Current assets ..N Property, plant & equipment, net. Identifiable intangible assets Total assets S 14,000 110,000 800 $124,800 $ 2,000 10,000 4,000 $16,000 4,200 6,000 14,000 .$13,000 60,000 44.400 8,000 200 (800) $124.800 $ 1,600 12,000 5,000 8,000 (1.000) 9,600) $16,000 Current liabilities $ 2,000 11,600 Capital stock Treasury stock Total liabilities & equity...