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Required information Prior to being united in a business combination, Botkins Inc. and Volkerson Corp. had the following stockholders equity figures: Botkins $ 220,e0e 11e0,eee

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Required information Prior to being united in a business combination, Botkins Inc. and Volkerson Corp. had the following stockholders equity figures: Botkins $ 220,e0e 11e0,eee 360,eee Volkerson $54,000 25,eee 130,eee Common stock ($1 par value) Additional paid-in capital Retained earnings Botkins issued 56,000 new shares of its common stock valued at $3.25 per share for all of the outstanding stock of Volkerson. Assume that Botkins acquired Volkerson on January 1, 2017 and that Volkerson maintains a separate corporate existence. At what amount did Botkins record the investment in Volkerson? Multiple Choice Required information $312,000. $261,000 $182.000. $56,000. $209,000

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