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Redwood Corp. acquires all of Trio Systems Inc. ' s common stock on January 1 , 2 0 X 1 for $ 7 5 0

Redwood Corp. acquires all of Trio Systems Inc.'s common stock on January 1,20X1 for $750,000. On the acquisition date, Trio Systems has Accounts Payable of $200,000, Bonds Payable of $150,000, Common Stock of $500,000, and Retained Earnings of $250,000. What is the book value of the shares acquired?
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$750,000

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