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Prior to Being United in a Business Combination, Botkins Inc

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Prior to being united in a business combination, Botkins Inc. and Volkerson Corp. had the following stockholders' equity figures:
Botkins issued 56,000 new shares of its common stock valued at $3.25 per share for all of the outstanding stock of Volkerson.
Assume that Botkins acquired Volkerson on January 1, 2010. At what amount did Botkins record the investment in Volkerson?
Prior to being united in a business combination, Botkins Inc. and Volkerson Corp. had the following stockholders' equity figures: Botkins issued 56,000 new shares of its common stock valued at $3.25 per share for all of the outstanding stock of Volkerson. Assume that Botkins acquired Volkerson on January 1, 2010. At what amount did Botkins record the investment in Volkerson?   A)  $56,000. B)  $182,000. C)  $209,000. D)  $261,000. E)  $312,000.

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