X company issues 1000 shares for $5 par. At that time, selling price of the shares was $20 par. Stock issue cost was $100. requirements: 1. What is the total market value of the shares? 2. what is the net value of the shares ? is it equal to total market value of shares? 3. Assume that the shares were issued to acquire net asset of $150,000 of Y company. What is the market value now?