On July 1, TruData Company issues 12,600 shares of its common stock with a $5 par value and a $35 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)	$	(320,600	)	$	(142,000	)
Expenses (1/1 to 7/1)		164,000			98,000
Retained earnings, 1/1		(134,000	)		(170,000	)
Cash and receivables		168,000			52,000		$	52,000
Inventory		180,000			158,000			182,000
Patented technology (net)		238,000			176,000			208,000
Land		384,000			214,000			236,000
Buildings and equipment (net)		120,000			90,000			90,000
Liabilities		(508,000	)		(368,000	)		(348,000	)
Common stock		(282,000	)		(72,000	)
Additional paid-in capital		(9,400	)		(36,000	)

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

Multiple Choice

• $72,000.

• $282,000.

• $345,000.

• $354,000.