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The financial statements for Campbeli, Inc, and Newton Company for the year ended December 31, 2021, prior to the business combination whereby Campbell acquired Newion,
The financial statements for Campbeli, Inc, and Newton Company for the year ended December 31, 2021, prior to the business combination whereby Campbell acquired Newion, are as follows (in thousands): On December:31,2021. Campbell obtaned a loan tor 5650 and used the proceeds, along withe tronsfer of 35 shares of its 510 par vitue common stock, in evehange for all of Newton's common stock At the time of the transaction chmpbells common stock had a fair vaiue of 540 pershate. In connection with the business combination, Campbell paid $25 to a broker for arranging the transaction and $30 in stock issuance costs. At the time of the transaction, Newton's equipment was actually worth $1,450 but its buildings were only valued at $590. Compute the consolidated common stock account at December 31, 2021. Mulvple Choice 51,480 5+000 5sis30 51.430
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