Prior to being united in a business combination, Atkins, Inc., and Waterson Corporation had the following stockholders equity figures:

	Atkins		Waterson
Common stock ($1 par value)	$	248,000	$	126,000
Additional paid-in capital		124,000		60,500
Retained earnings		356,000		129,500

Atkins issues 75,000 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

• $286,500 and $485,500.

• $184,500 and $485,500.

• $349,000 and $356,000.

• $178,500 and $356,000