On July 1, TruData Company issues 11,950 shares of its common stock with a $5 par value and a $38 fair value in exchange for all of Webstat Companys outstanding voting shares. Webstats precombination book and fair values are shown below along with book values for TruDatas accounts.

	TruData	Webstat	Webstat
	Book Values	Book Values	Fair Values
Revenues (1/1 to 7/1)	$(263,250)	$(144,000)
Expenses (1/1 to 7/1)	211,000	95,500
Retained earnings, 1/1	(164,000)	(158,000)
Cash and receivables	43,500	33,750	$ 33,750
Inventory	229,500	185,500	231,100
Patented technology (net)	285,750	149,500	175,100
Land	429,000	230,000	267,200
Buildings and equipment (net)	105,500	78,500	78,500
Liabilities	(567,000)	(370,750)	(343,150)
Common stock	(300,000)	(70,000)
Additional paid-in capital	(10,000)	(30,000)

Required information

1.

On its acquisition-date consolidated balance sheet, what amount should TruData report as goodwill?

	$0.
	$11,600.
	$33,600.
	$101,400.

4.

Required information

2.

On its acquisition-date consolidated balance sheet, what amount should TruData report as patented technology (net)?

	$175,100.
	$285,750.
	$438,850.
	$460,850.