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Required information Use the following information to answer questions 15-18 The sowowing nformation appies to the questions displayed below, On July 1, TruData Company issues
Required information Use the following information to answer questions 15-18 The sowowing nformation appies to the questions displayed below, On July 1, TruData Company issues 14,200 shares of its common stock wtha $ par value and a $35 fair alue 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 Book Values Webstat Book Values Webstat Fair Values Revenues (1/1 to Expenses (1/1 to Retained earnings $1347,800 174, 000) 170,000 92,000 114,00 140, 000) cash and receivable Inventory Patented technology 158,000 78, 000 78,000 Land Buildings and equipment (net) Liabilities Conmon stock Additional paid-in capital 174,000 214,000 248,000 84, 000 504,00 380,000 348,000 176, 000 224, 000 418, 000 108, 000 158, 000 184,000 196, 000 84, 000 (280,000)(66,000) (8,200(32, 000) Problem 2-15 (LO 2-5, 2-9, 2-10) On its acquisition-date consolildated balance sheet, what amount should TruData report as goodwil? Muitiple Choice 50. $47000. $351,000 $177000
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