Options:

370

530

610

570

3 Required information On January 1, 2018, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To acquire these shares, Moody issued $400 in long-term liabilities and also issued 40 shares of common stock having a par value of $1 per share but a fair value of $10 per share. Moody paid $20 to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $15 was paid in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows Part 2 of 2 00:03:11 Moody Cash Receivables Inventories Land Buildings (net) Equipment (net) Accounts payable Long-term liabilities Common stock ($1 par) Common stock ($20 par) Additional paid-in capital Osorio $1804e 180 280 360 440 180 816 1,080 600 1,260 480 (450) (1,29e) (400) (330) (240) (340) (1,e80) Required information 3 Compute the amount of consolidated common stock at date of acquisition