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 Campbell obtained a loan for $ and used the proceeds, along with the transfer of shares of its $ 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 $ per share.
In connection with the business combination, Campbell paid $ to a broker for arranging the transaction and $ in stock issuance costs. At the time of the transaction, Newtons equipment was actually worth $ but its buildings were only valued at $
What total amount of additional paidin capital will Campbell recognize from this acquisition?
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