Use the following facts for Multiple Choice problems 28 and 29: Assume on January 1, 2022, the investor company issued 10,000 new shares of the investor company's common stock in exchange for all of the individually identifiable assets and liabilities of the investee company. The investee company qualifies as a business. Fair value approximates book value for all of the investee's identifiable net assets. The transaction resulted in no goodwill or bargain purchase gain. The following financial statement information is for an investor company and an investee company on January 1,2022 , prepared immediately before this transaction. 28. Asset acquisition (fair value equals book value) What is the per share fair value of the investor's common stock? a. $19.60/ share . c. $42.00/ share b. $28.00/ share d. $58.80/ share 29. Asset acquisition (fair value equals book value) Provide the investor company's balance (i.e., on the investor's books, before consolidation) for an "Investment in Investec" account immediately following the acquisition of the investee's net assets: a. $588,000 c. $196,000 b. $420,000 d. $147,000