McCoy has the following account balances as of December 31, 2020 before an acquisition transaction takes place. The falr value of McCoy's Land and Bulldings are $650,000 and $600,000, respectlvely. On December 31, 2020, Ferguson Company Issues 30,000 shares of Its $10 par value ( $30 falr value) common stock in exchange for all of the shares of McCoy's common stock. Ferguson pald $12,000 for costs to Issue the new shares of stock. Before the acquisition, Ferguson has $800,000 In its common stock account and $350,000 In Its additional paid-In capital account. On December 31,2020 , assuming that McCoy will retaln Its separate corporate existence, what value is assigned to Ferguson's Investment account? Multiple Choice $150,000. $300,000. $600,000. $900,000