Asset acquisition vs. stock acquisition (fair value is different from book value) The following financial statement information is for an investor company and an investee company on January 1, 2013. On January 1, 2013, the investor company's common stock had a traded market value of $70 per share, and the investee company's common stock had a traded market value of $32 per share. Book Values Fair Values Investor Investee Investor Investee Receivables & inventories $200,000 100,000 180,000 $90,000 400,000 200,000 600,000 300,000 Property&equipment450,000 200,000 500,000 260,000 00,000 160,000 $1,050,000 $500,000 $1,590,000 $810,000 Land Trademarks & patents Total assets Liabilities 300,000 160,000 360,000 190,000 Common stock (51 par) 40000 20,000 Additional pald-In capita50,000 300,000 Retained earnings Total liabilities& equity 50,000 20,000 $1,050,000 S500,000 Net assets $750,000 S340,000 $1,220,000 S620,000