On December 31 of the current year, Sam Company was merged into Paul Company. In carrying out the business combination, Paul Company issued 60,000 shares of its $10 par value common stock, with a fair value of $15 per share, for all of Sam Company's outstanding common stock. The stockholders' equity section of the two companies immediately before the business combination was (first think about the entry the Parent would on the parent's books to record the acquisition and then think about what would happen with Entry S on the consolidation worksheet): Common Stock Paul Sam $500,000 $400,000 Additional Paid-in Capital 100,000 100,000 Retained Earnings 300,000 200,000 In the consolidated balance sheet on December 31, the Additional Paid-In Capital account should be reported at: