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

Giant acquired all of Smallâ??s common stock on January 1, 2017, in exchange for cash of $770,000. On that day, Small reported common stock of $170,000 and retained earnings of $400,000. At the acquis 2 answers