The following financial statement information is for an investor company and an investee company on january 1, 2013. on january 1, 2013, the investor company's common stock had a traded market value of $31.5 per share, and the investee company's common stock had a traded market value of $19 per share.
book values
fair values
investor
investee
investor
investee
receivables & inventories $180,000 $90,000 $162,000 $81,000
land 360,000 180,000 540,000 270,000
property & equipment 405,000 180,000 450,000 234,000
trademarks & patents _
_
270,000
144,000
total assets $945,000
$450,000
$1,422,000
$729,000
liabilities $270,000 $144,000 $324,000 $171,000
common stock ($1 par) 54,000 30,000
additional paid-in capital 486,000 258,000
retained earnings 135,000
18,000
total liabilities & equity $945,000
$450,000
net assets $675,000
$306,000
$1,098,000
$558,000
asset acquisition (market value is different from book value)
assume that the investor company issued 18,000 new shares of the investor company's common stock in exchange for all of the individually identifiable assets and liabilities of the investee company, in a transaction that qualifies as a business combination. the financial information presented, above, was prepared immediately before this transaction. provide the investor company's balance (i. e., on the investor's books, before consolidation) for "goodwill" immediately following the acquisition of the investee's net assets:
$261,000
$117,000
$9,000
$0