Giant acquired all of Small??s common stock on January 1, 2017,in exchange for cash of $770,000. On that day, Small reportedcommon stock of $170,000 and

Giant acquired all of Smallâ??s common stock on January 1, 2017,in exchange for cash of $770,000. On that day, Small reportedcommon stock of $170,000 and retained earnings of $400,000. At theacquis 1 answer