- West, Inc. holds 100 percent of the common stock of Coast Company, an investment acquired for $680,000. Immediately following the combination, West's net assets have a book value of $1,150,000 and a fair value of $1,390,000. The book value and the fair value of Coast's net assets on the date of combination are $400,000 and $550,000, respectively. Immediately following the combination, a consolidated balance sheet is prepared 9 Based on the information given above, at what amount will West's investment in Coast stock be reported in the consolidated balance sheet? Select one: a. O b. 440,000 C. 400,000 d. 680,000