Use the following facts for Multiple Choice problems 30 and 31 (each question is independent of the other): The following financial statement information is for an investor company and an investee company on January 1, 2019. On January 1, 2019, the investor company's common stock had a traded market value of $27 per share, and the investee company's common stock had a traded market value of $20 per share. Cambridge Business Publishers Chapter 2 Introduction to Business Combinations and the Consolidation Process 101 Book Values Fair Values Investor Investee Investor Investee Receivables & inventories Land.. Property & equipment. Trademarks & patents $144,000 288,000 324,000 $ 72,000 144,000 144,000 $135,000 315,000 360,000 120,000 $ 64,800 180,000 187,200 115,200 $547,200 Total assets. $756.000 $360,000 $930,000 $240,000 $123,000 Liabilities. Common stock ($1 par) Additional paid-in capital. Retained earnings Total liabilities & equity. $216,000 30,000 402,000 108,000 $756,000 $115,200 24,000 206,400 14,400 $360,000 Net assets. $540,000 $244,800 $690,000 $424,200 LO1 c. 30. Asset acquisition (fair value is different from book value) Assume the investor company issued 22,500 new shares of the investor company's common stock in exchange for all of the individually identifiable assets and liabilities of the investee company, in a transaction that qualifies as a business combination. The financial information presented, above, was prepared immediately before this transaction. Provide the Investor Company's balance (i.e., on the investor's books, before consolidation) for Goodwill immediately following the acquisition of the investee's net assets: a. $362,700 b. $183,300 $179,400 d. $55,800 31. Stock acquisition (fair value is different from book value) Assume the investor company issued 22,500 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 immediately before this transaction. Provide the Investor Company's balance (i.e., on the investor's books, before consolidation) for Investment in Investee immediately following the acquisition of the investee's common stock: $265,800 b. $424,200 $450,000 d. $607,500 LO1 a. C