Question: PART 2 USES THE SAME DATA: PLEASE answer both parts!! thank you Use the following information to answer questions 1619 (Algo) [The following information applies


PART 2 USES THE SAME DATA:

PLEASE answer both parts!! thank you Use the following information to answer questions 1619 (Algo) [The following information applies to the questions displayed below.] On July 1 , TruData Company issues 10,200 shares of its common stock with a $5 par value and a $50 fair value in exchange for all of Webstat Company's outstanding voting shares. Webstat's precombination book and fair values are shown below along with book values for TruData's accounts. On its acquisition-date consolidated balance sheet, what amount should TruData report as goodwill? $174,000. \$0. $343,000. $92,000. On its acquisition-date consolidated balance sheet, what amount should TruData report as common stock? $78,000. $292,000. $370,000. $343,000
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