Question 1 (1 point) At the beginning of 20X1, Mustang Company acquired MSU Texas Company for $250,000 cash and will maintain the separate incorporation of MSUTexas. Included in MSUTexas' assets were patents with a book value of $10,000 and a market value of $25,000. The patents have a ten year useful life. At the end of 20X1, MSUTexas purchased additional patents for $5,000 cash. What will be the consolidated value of these patents at the end of 20X1? (Note: the book value given is the beginning book value; you do not have the ending book value.) $25,000 $30,000 $28,500 $27,500