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Required information Use the following information to answer questions 16-19 (Algo) [The following information applies to the questions displayed below.] On July 1, TruData Company

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Required information Use the following information to answer questions 16-19 (Algo) [The following information applies to the questions displayed below.] On July 1, TruData Company issues 13,200 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 below along with book values for TruData's accounts. Problem 2-17 (Algo) (LO 2-5) On its acquisition-date consolidated balance sheet, what amount should TruData report as patented technology (net)

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