Required information [The following information applies to the questions displayed below.] On July 1, TruData Company issues 10,000 shares of its common stock with a $5 par value and a $50 fair value in exchange for all of Webstat Company's outstanding voting shares. Webstat's precombination book and fair values are shown below along with book values for TruData's accounts. On its acquisition-date consolidated balance sheet, what amount should TruData report as common stock? Multiple Choice $62,000. $294,000. $344,000. $356,000