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13. The financial statements for Goodwin, Inc, and Corr Company for the year ended December 31, 2013, prior to Goodwin's acquisition business combination transaction regarding

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13. The financial statements for Goodwin, Inc, and Corr Company for the year ended December 31, 2013, prior to Goodwin's acquisition business combination transaction regarding Corr, folow (in thousands): Goodwin Corr $2.700 Revenucs Expenses 1980 400 S 720 $200 Net income Retained carnings 1/1 Net income Dividends S2,400 720 $400 200 (270 O $2.850 $600 d earnings, 12/31 Cash Receivables and inventory Buildings (net) Equipment (nct) s 240 1.200 2,700 220 340 600 2100 1.200 6,240 $2 360 Total assets Liabilities Common stock Additional paid-in capital Retained earnings $1,500 1,080 810 2,850 S 820 400 540 Total liabilities & stockholders equity $6,240 $2,360 ' On December 31, 2013, Goodwin issued $600 in debt and 30 shares of its $10 par value common stock to the owners of Corr to acquire all of the outstanding shares of that company. Goodwin shares had a fair value of $40 per share. Goodwin paid $25 to a broker for arranging the transaction. Goodwin paid $35 in stock issuance costs,. Corr's equipment was actually worth $1,400 but its buildings were only vahed at $560. 013 Compute the consolidated revenues for 2 A. $2,700. B. $720. C. S920. D. $3,300. E. $1,540

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