Wooden Reed Inc. $($WRI$)$ issued $30,000$ voting common shares to acquire all of the assets and liabilities of Creative Instrument Ltd$.($CIL$).$ On the acquisition date, WRI's shares were trading at $$21\mathrm{.}83$ per share. After the transaction, CIL owned $20\%$ of WRI's outstanding shares. Below are the statements of financial position of both companies immediately before the transaction, along with the fair values of CIL's assets and liabilities:

WRI carrying value

CIL carrying value

CIL

fair value

Cash

$ $75,000$

$ $35,000$

$ $35,000$

Accounts receivable

$180,000$

$67,500$

$69,500$

Inventory

$220,000$

$125,000$

$147,000$

Property, plant, equipment $($net$)$

$880,000$

$350,000$

$388,000$

$ $1,355,000$

$ $577,500$

Current liabilities

$ $75,000$

$ $25,000$

$25,000$

Long$-$term debt

$235,000$

$125,000$

$125,000$

Common shares

$100,000$

$165,000$

Retained earnings

$945,000$

$262,500$

$ $1,355,000$

$ $577,500$

If the consolidated statement of financial position was created immediately after the acquisition, the consolidated common share account will be:

Question $1$ options:

$$265,000$

$$754,900$

$$919,900$

$$100,000$