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Prior to being united in a business combination, Atkins, Inc., and Waterson Corporation had the following stockholders' equity figures: Waterson Atkins $ 217,000 $ 60,000
Prior to being united in a business combination, Atkins, Inc., and Waterson Corporation had the following stockholders' equity figures: Waterson Atkins $ 217,000 $ 60,000 108,500 27,500 312,000 127,250 Common stock ($1 par value) Additional paid-in capital Retained earnings Atkins issues 52,250 new shares of its common stock valued at $4 per share for all of the outstanding stock of Waterson. Immediately afterward, what are consolidated Additional Paid-In Capital and Retained Earnings, respectively? Multiple Choice $130,000 and $312,000. O $265,250 and $312,000. $136,000 and $439,250. $238,000 and $439,250. Proy 2 of 15 www www Score answer >
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