advanced accounting. help me to solve this

2-8 31. On January 1, 2015, New Tune Company exchanges 15,000 shares of its common stock for all of the outstanding shares of On-the-Go, Inc. Each of New Tune's shares has a $4 par value and a $50 fair value. The fair value of the stock exchanged in the acquisition was considered equal to On-the-Go's fair value. New Tune also paid $25,000 in stock registration and issuance costs in connection with the merger. Several of On-the-Go's accounts' fair values differ from their book values on this date: Receivables Trademarks Record music catalog. In-process research and development. Notes payable Book Values $ 65,000 95,000 60,000 -0- (50,000) Fair Values $ 63,000 225,000 180,000 200,000 (45,000) Precombination January 1, 2015, book values for the two companies are as follows: On-the-Go Cash .. Receivables Trademarks Record music catalog. Equipment (net). Totals.. Accounts payable. Notes payable Common stock Additional paid-in capital Retained earnings Totals. New Tune $ 60,000 150,000 400,000 840,000 320,000 $ 1,770,000 $ (110,000) (370,000) (400,000) (30,000) (860,000) $(1,770,000) $ 29,000 65,000-3,000 95,000 125,000 60,000 180,000 105,000 $ 354,000 $ (34,000) (50,000)45,000 (50,000) (30,000) (190,000) $(354,000 a. Assume that this combination is a statutory merger so that On-the-Go's accounts will be transferred to the records of New Tune. On-the-Go will be dissolved and will no longer exist as a legal entity. Prepare a postcombination balance sheet for NewTune as of the acquisition date. b. Assume that no dissolution takes place in connection with this combination. Rather, both companies retain their separate legal identities. Prepare a worksheet to consolidate the two companies as of the combination date. How do the balance sheet accounts compare across parts (a) and (b)