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)	$	232,000	$	72,000
Additional paid-in capital		116,000		33,500
Retained earnings		313,000		120,250

Atkins issues 69,000 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?

Multiple Choice

a. $149,500 and $433,250.

b.$143,500 and $313,000.

c. $254,000 and $313,000.

d. $251,500 and $433,250.