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Please help me to solve this problem thank you XCorp and YCorp are each 100% owned by Xerxes. Xerxes has decided to amalgamate them without

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Please help me to solve this problem thank you

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XCorp and YCorp are each 100% owned by Xerxes. Xerxes has decided to amalgamate them without triggering tax by using Section 87 of the Income Tax Act. XCorp had 200 common shares with a PUC and ACB of $500 and a FMV of $5,000. YCorp has 100 common shares with a PUC and ACB of $700 and a FMV of $6,000. What is the PUC and ACB of the amalgamated company's shares? 500 1,200 11,000 600

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