mework Seved Check SafeData Corporation has the following account balances and respective fair values on June 30 Book Values Fair Values Receivables Patented technology Customer relationships In-process research and development Liabilities Common stock Additional paid-in capital Retained earnings deficit, 1/1 Revenues Expenses 104,000 104,000 164,000 164,000 488,000 422,000 0 412,000) (412,000) (100,000) (300,000 636, 400 (362,000) 269, 600 Privacy First, Inc, obtained all of the outstanding shares of SafeData on June 30 by issuing 20,000 shares of common stock havinga $1 par value but a $50 fair value. Privacy First incurred $10,000 in stock issuance costs and paid $50,000 firm for its assistance in arranging the combination. In negotiating the final t to SafeData's to an investment banking erms of the deal, Privacy First also agrees to pay $75,000 former owners if it achieves certain revenue goals in the next two years. Privacy First estimates the probability adjusted present value of this contingent performance obligation at $22,500. a. What is the fair value of the consideration transferred in this combination? b. How should the stock issuance costs appear in Privacy First's postcombination financial st c How should Privacy First account for the fee paid to the investment bank? d. How does the issuance of these shares affect the stockholders' equity accounts of Privacy First e. How is the fair value of the consideration transferred in the c ombination allocated among the essets acquired and the liabilities assumed? h. If Privacy First's stock had been worth only $25 per share rather than $50, how would the consolidation of SafeData's assets liabilities have been affected?