(5 points) Squatina purchased a patent from Stoch Co. for $2,374,000 and 576,300 shares of Squatina's $1 par value common stock. When Stoch Co. was issued the patent, Squatina's common stock was selling for $6.50 per share. At the time Squatina bought the patent, it's stock price was $4.50. What should Squatina recognize as the historical cost of the patent? (A 33) $6,119,950 $4,967,350 $2,950,300 $2,374,000