Question: Can you help me solve this general accounting problem with the correct methodology? Alpha Corporation and Beta Inc. agreed to a business combination. Prior to

Can you help me solve this general accounting problem with the correct methodology?

Alpha Corporation and Beta Inc. agreed to a business combination. Prior to the merger, they reported the following stockholders' equity: [Alpha || Beta_| Alpha issued 60,000 new shares of its common stock valued at $12 per share for all outstanding stock of Beta. Assume that Alpha acquired Beta on March 15, 2024. At what amount did Alpha record the investment in Beta

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