Bullen Inc. acquired 100% of the voting common stock of Vicker Inc. on January 1, 2018. The book value and fair value of Vicker's accounts on that date (prior to creating the combination) are as follows, along with the book value of Bullen's accounts:

	Bullen Book Value		Vicker Book Value		Vicker Fair Value
Retained earnings, 1/1/20	$	250,000	$	240,000
Cash and receivables		170,000		70,000	$	70,000
Inventory		230,000		170,000		210,000
Land		280,000		220,000		240,000
Buildings (net)		480,000		240,000		270,000
Equipment (net)		120,000		90,000		90,000
Liabilities		650,000		430,000		420,000
Common stock		360,000		80,000
Additional paid-in capital		20,000		40,000

Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding shares of Vicker. What will be the consolidated Additional Paid-In Capital and Retained Earnings (January 1, 2018 balances) as a result of this acquisition transaction?

		$524,000 and $420,000.
		$60,000 and $250,000.
		$524,000 and $250,000.
		$60,000 and $490,000.
		$380,000 and $250,000.