Required information On its acquisition$-$date consolidated balance sheet, what amount should TruData report as patented technology $($net$)?$

Multiple Choice

$$214,000$

$$224,000$

$$386,000$

$$438,000$ On its acquisition$-$date consolidated balance sheet, what amount should TruData report as common stock?

Multiple Choice

$$66,000$

$$280,000$

$$351,000$

$$346,000$ On its acquisition$-$date consolidated balance sheet, what amount should TruData report as retained earnings as of July $1?$

Multiple Choice

$$114,000$

$$291,800$

$$356,000$

$$703,800$

On July $1,$ TruData Company issues $14,200$ shares of its common stock with a $$5$ par value and a $$35$ fair

value in exchange for all of Webstat Company's outstanding voting shares. Webstat's precombination book

and fair values are shown along with book values for TruData's accounts as follows:

On its acquisition$-$date consolidated balance sheet, what amount should TruData report as goodwill?

Multiple Choice

$$0$

$$47,000$

$$351,000$

$$177,000$