MC Qu. 16-60 On January 1, 2018, the... On January 1, 2018, the Shaw Corporation acquired 70% of the Ward Company's voting stock for $1,050,000. Ward's net assets had a book value of $1,200,000; the fair value of Ward's equipment was $200,000 greater than its book value. The book value of Shaw's assets immediately after the acquisition of Ward totaled $3,750,000 while Ward's assets had a book value of $2,150,000. What was the amount of total consolidated assets as of January 1, 2018? Multiple Choice o $5,150,000 o $6,200,000 o $5,050,000 o $4,850,000