3.Co. X issued 100,000 shares of $1 par value common stock with a fair market value of $5 per share for all of the outstanding $1 par value common stock of Co. Y and Co. Y is then dissolved. Co. X paid the following costs and expenses related to the business combination: Costs of special shareholders' meeting to vote on the merger $12,000 Registering and issuing securities Accounting and legal fees 18,000 What will the net effect on Additional Paid-in Capital account be at the date of acquisition? (4 Points) 10,000 $400,000 $360.000 O $390,000 $372.000