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Prior to being united in a business combination, Atkins, Inc., and Waterson Corporation had the following stockholders' equity figures: Common stock ($1 par value) Additional
Prior to being united in a business combination, Atkins, Inc., and Waterson Corporation had the following stockholders' equity figures: Common stock ($1 par value) Additional paid-in capital Retained earnings Atkins Waterson $ 221,000 $ 51,000 110,500 23,000 320,000 162,250 Atkins issues 74,250 new shares of its common stock valued at $3 per share for all of the outstanding stock of Waterson. Immediately afterward, what are consolidated Additional Paid In Capital and Retained Earnings, respectively
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