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220. Trailer World is being acquired by Northern Travels, Inc. for $65,000 worth of Northern's stock. Northern has 5,000 shares of stock outstanding at a

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220. Trailer World is being acquired by Northern Travels, Inc. for $65,000 worth of Northern's stock. Northern has 5,000 shares of stock outstanding at a price of $32.50 a share. Holiday has 3,000 shares outstanding with a market value of $26 a share. The incremental value of the acquisition is $3,100. What is the total number of shares in the new rm? A. 5,500 shares ; 7,000 shares C. 7,500 shares D. 10,000 shares E. 10,500 shares

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