2) On June 30, 2011 Wisconsin, Inc., issued $300000 in debt and 15000 new shares of its $10 par value stock to Badger Company owners in exchange for all of the outstanding shares of that company. Wisconsin shares had a fair value of $40 per share. Prior to the combination, the financial statements for Wisconsin and Badger for the six-month period ending June 30, 2011, were as follows: Wisconsin (In dollars) Badger Revenues (900000) (300000) Expenses 660000 200000 Net income (240000) (100000) Retained earnings, 1/1(800000) (200000) Net income(240000) (100000) Dividends paid 90000 0 Retained earnings,6/30(950000) (300000) Cash 80000 110000 Receivables and Inventory 400000 170000 Patented technology (net)900000 300000 Equipment(net)700000 600000 Total assets2080000 1180000 Liabilities(500000) (410000) Common stock(360000) (200000) Additional paid in capital(270000) (270000) Retained earnings (950000) (300000) Total liabilities and equities (2080000) (1180000) Wisconsin also paid $30000 to a broker for arranging the transaction. In addition, Wisconsin paid $40000 in stock issuance costs. Badgers equipment was actually worth $700000, but its patented technology was valued at only $280000. What are the consolidated balances for the following accounts? Net income Retained earnings, 1/1/11 Patented technology Goodwill Liabilities Common stock Additional paid-in capital