3 Marcus Corp. purchased all of Darwin Company's common stock for $3,010,000 cash on January 1. 4 When analyzing the purchase price, Marcus Corp. determined that the other assets of Darwin were 5 undervalued by $528,000 and that the company had an unrecorded liability of $200,000 related to 6 ongoing litigation. Any excess in purchase price was for goodwill. 7 8 Use the format of the following table to consolidate the balance sheet of the two companies as of the 9 acquisition date. Complete the table with the correct information. 10 Marcus Darwin Consolidating Adjustments Consolidated Balance Sheet 11 12 13 Investment in Darwin 3,010,000 14 Other Assets 5,130,000 2,044,000 15 Goodwill 16 Total Assets 17 18 Liabilities 8,140,000 2,044,000 3,384,000 972,000 19 Common Stock 1,710,000 450,000 20 Retained Earnings 3,046,000 622,000 21 Total Liabilities & Equity 8,140,000 2,044,000