Required information [The following information applies to the questions displayed below.) On July 1, TruData Company issues 11,200 shares of its common stock with a $5 par value and a $40 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. Webstat Fair Values $ Revenues (1/1 to 7/1) Expenses (1/1 to 7/1) Retained earnings, 1/1 Cash and receivables Inventory Patented technology (net) Land Buildings and equipment (net) Liabilities Common stock Additional paid-in capital Trubata Book Values $ (280,000) 148,000 (138,000) 156,000 176,000 230,000 408,000 108,000 (506,000) (284,000) (9,000) Webstat Book Values $ (138,000) 90.000 (160,000) 62,000 156,000 188,000 206,000 86,000 (374,080) (60,000) (32,000) 62,000 180,000 214,000 226,000 86,000 (342,000) On its acquisition-date consolidated balance sheet, what amount should TruData report as common stock? Multiple Choice O $60.000 O $284.000 $340,000 $60,000 $284,000 $340,000 O $344.000