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Prior to being united in a business combination, Atkins, Inc., and Waterson Corporation had the following stockholders' equity figure Common stock ($1 par value) Additional

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Prior to being united in a business combination, Atkins, Inc., and Waterson Corporation had the following stockholders' equity figure Common stock ($1 par value) Additional paid-in capital Retained earnings Atkins Waterson $ 217,000 $ 60,000 108,500 27,500 312,000 127, 250 Atkins issues 52,250 new shares of its common stock valued at $4 per share for all of the outstanding stock of Waterson. Immediat afterward, what are consolidated Additional Paid-in Capital and retained Earnings, respectively? Multiple Choice $238,000 and $439,250. $265,250 and $312.000 $130,000 and $312,000. $136,000 and $439.250, Prey 1 of 3 PI! Next >

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