P1-2 Balance sheet after an acquisition On December 31, Jose SA acquired Carlos SA by issuing 200,000 common shares with a par value of $10. The market value for these common shares was $10,000,000 at the date of acquisition. Below is the balance sheet and fair value information for Jose SA and Carlos SA immediately before the acquisition (in thousands):

Jose SA (Book Value)
Jose SA (Fair Value)
Carlos SA (Book Value)
Carlos SA (Fair Value)
Cash $2,000 $2,000 $1,000 $1,000 Other current assets 13,000 20,000 8,000 12,000 Plant assets 15,000 20,000 10,000 13,000 Current liabilities 5,000 4,000 2,000 4,000 Other liabilities 12,000 12,000 8,000 13,000 Common stock, $10 par 10,000 5,000 Retained earnings 3,000 4,000 REQuIRED: Prepare the balance sheet after the acquisition.