QUESTION 45 On March 31, 2013 Fredo Co. issued 2,000 shares of common stock ($10 par) and 1,000 shares of preferred stock ($100 par) to Warren Inc. for a lump sum of $180,000. At the time of the issuance, the common stock and preferred stock had a market value of $25 and $150 per share, respectively. Under the proportional method, the total amount allocated to the common stock is: w O $45,000 $50,000 $180,000 $200,000 5.2011. Which of the