Question 5 Not yet Point out of 4 Flag Questo On January 1, 2021, Corp purchased 100% common stock of the Sinc by issuing 500,000 shares of its $5 par value common stock. On that date, the shares have a the fair value of 58 per share. Related to the acquisition, P had payments to the attorneys and accountants of $200,000. Immediately prior to the purchase, the equity sections of the two firms appeared as follows: P Corp Sine Common stock $4,000,000 $700,000 Pald-in capital in excess of par 7,700,000 900,000 Retained earnings 5,500,000 500,000 Total $17,000,000 $2,100,000 Assuming no other transaction, the 2021 consolidated balance sheet should report paid-in capital in excess of par of Select one a 9,900,000 .000.000 .9.200,000 d. 10,100.000