Question: On December 3 1 , 2 0 2 1 , Campbell obtained a loan for $ 6 5 0 and used the proceeds, along with

On December 31,2021, Campbell obtained a loan for $650 and used the proceeds, along with the transfer of 35 shares of its $10 par value common stock, in exchange for all of Newtons common stock. At the time of the transaction, Campbells common stock had a fair value of $40 per share.
In connection with the business combination, Campbell paid $25 to a broker for arranging the transaction and $30 in stock issuance costs. At the time of the transaction, Newtons equipment was actually worth $1,450 but its buildings were only valued at $590.
What total amount of additional paid-in capital will Campbell recognize from this acquisition?

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