On July 1, TruData Company issues 10,400 shares of its common stock with a $5 par value and a $45 fair value in exchange for all of Webstat Company's outstanding voting shares. Webstat's precombination book and fair values are shown below along with book values for TruData's accounts. Revenues (1/1 to 7/1) Expenses (1/1 to 7/1) Retained earnings, 1/1 Cash and receivables Inventory Patented technology (net). TruData Webstat Webstat Book Values Book Values Fair Values $ (256,800) $ (130,000) 198,000 80,000 (162,000) (138,000) 152,000 56,000 160,000 164,000 258,000 176,000 Land 388,000 216,000 Buildings and equipment (net) Liabilities 102,000 84,000 (536,000) (378,000) Common stock (318,000) (70,000) Additional paid-in capital (9,200) (36,000) $ 56,000 176,000 216,000 250,000 84,000 (350,000)