Testbank Hultiple Choice Question 118 On June 30, 2021, Sandhill, Inc. exchanged 5600 shares of Widherse Corp. $30 par value common stock for a patent owned by Blossom Co. The Wildhorse stock was acquired in 2021 at a cost of $161000. At the exthange date, Wildhorse common stack had a feir value of $44 per share, and the patent had a net carrving value of $306000 on Biossom's books. Sandhil should record the patent at $306000. $246400. $168100. $161000. Click if you would like te Show Werk for this question Open Shon Wark 1 used Question Attempts: 0 of