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Question 1 3 pts Arwell is a small startup company whose stock is not traded frequently because it is not a public company. Arwell acquires

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Question 1 3 pts Arwell is a small startup company whose stock is not traded frequently because it is not a public company. Arwell acquires a new pickup truck in exchange for 5,000 shares of its stock plus 55,000 dollars in cash. The last time that Arwell raised capital by issuing stock was on Shark Tank when Mark! Cuban invested in them at a stock price of $10 per share. Kevin O'Leary thought that Mark was crazy for making such a high offer after Kevin had offered only $5 per share moments earlier. If Arwell had purchased the new pickup truck from a dealership, they would have paid $35.000. At what amount should Arwell recognize the truck on its books? $50,000 O $45,000 $55,000 $35,000 O None of the answers are correct Next

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