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Figure:
The financial statements for Goodwin, Inc., and Corr Company for the year ended December 31, 20X1, prior to Goodwin's acquisition business combination transaction regarding Corr, follow (in thousands) : On December 31, 20X1, Goodwin issued $600 in debt and 30 shares of its $10 par value common stock to the owners of Corr to acquire all of the outstanding shares of that company. Goodwin shares had a fair value of $40 per share.
Goodwin paid $25 to a broker for arranging the transaction. Goodwin paid $35 in stock issuance costs. Corr's equipment was actually worth $1,400 but its buildings were only valued at $560.
-Compute the consolidated additional paid-in capital at December 31, 20X1.
Primary Circular Reactions
A concept in child development where an infant learns to reproduce an event that initially occurred by accident (e.g., sucking their thumb).
Centration
A cognitive limitation in early childhood, where a child focuses on one aspect of a situation while ignoring others.
Neural-Visual Network
A system in the brain that processes visual information, integrating it with neural signals for perception and understanding.
Numerical Understanding
The ability to comprehend, interpret, and work with numbers.
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