On July 1, TruData Company issues 11,200 shares of its common stock with a $5 par value and a $40 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 $ (289,000) $ (162,000) 90,000 (160,000) 148,000 (138,000) 156,000 62,000 $ 62,000 176,000 156,000 180,000 230,000 188,000 214,000 Land 408,000 206,000 Buildings and equipment (net) 226,000 108,000 86,000 86,000 Liabilities (506,000) (374,000) (342,000) Common stock (284,000) (60,000) Additional paid-in capital (9,000) (32,000) On its acquisition-date consolidated balance sheet, what amount should TruData report as common stock? Multiple Choice $344,000. $60,000. $284,000 $340,000