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The The following financial statement information is for an investor company and an investee company on January 1, 2013. On January 1, 2013, the investor

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The following financial statement information is for an investor company and an investee company on January 1, 2013. On January 1, 2013, the investor company's common stock had a traded market value of $31.5 per share, and the investee company's common stock had a traded market value of $19 per share. Book Values Fair Values Rereables a Inuentodes son noe Land 260000 180000 540000 270000 400 C00 234.000 Property & cquipment 405 000 180 cco & paterts - sousn00 $450,000 $324,000 $171.c00 Llabilties $270,000 3144 C00 Common stock ($1 par) 54,000 30.000 Atitit onal pad-in capital 486.000 258000 Tatel luylites& cqupy cout n00 tus0.c00. S6/5.000 $0.c00 $1.098.000 s558.000 Net assers Stock acquisition (market value is different from book value) Assume that the investor company issued 18,000 new shares of the investor company's common stock in exchange for 100% of the common stock of the investee company, in a transaction that qualifies as a business combination. The financial information presented, above, was prepared Immedlately before this transaction. Provide the Investor Company's balance (le., on the Investor's books, before consolidation) for "Investment in Investee" Immedlately following the acquisition of the Investee's common stock Os30,000 Os567.000 Os288.800 s502 200

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