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Use the following information to answer questions 16-19 (Algo)

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On July 1, TruData Company issues 9,800 shares of its common stock with a $5 par value and a $50 fair value in exchange for all of Webstat Companys outstanding voting shares. Webstats precombination book and fair values are shown below along with book values for TruDatas accounts.

	TruData			Webstat			Webstat
	Book Values			Book Values			Fair Values
Revenues (1/1 to 7/1)	$	(324,000	)	$	(120,000	)
Expenses (1/1 to 7/1)		182,000			94,000
Retained earnings, 1/1		(116,000	)		(166,000	)
Cash and receivables		162,000			54,000		$	54,000
Inventory		160,000			148,000			170,000
Patented technology (net)		226,000			190,000			204,000
Land		406,000			200,000			238,000
Buildings and equipment (net)		120,000			88,000			88,000
Liabilities		(516,000	)		(378,000	)		(350,000	)
Common stock		(292,000	)		(76,000	)
Additional paid-in capital		(8,000	)		(34,000	)

Problem 2-18 (Algo) (LO 2-5, 2-7)

On its acquisition-date consolidated balance sheet, what amount should TruData report as common stock?

Multiple Choice

$76,000.

$292,000.

$341,000.

$368,000.