Assume that Big Company decides to acquire 100% of Little Company for $200,000. Prepare the consolidated balance sheet and any supporting worksheets.
Big Company Balance Sheet
Assets, Liabilities & Equities	Book Value
Cash	$500,000
AR	$10,000
Inventory	$50,000
Land	$40,000
PP&E	$400,000
Accumulated Depreciation	-$150,000
Patent	$0
Total Assets	$850,000
AP	$110,000
Common Stock	$395,000
Additional Paid In Capital	$300,000
Retained Earnings	$45,000
Total Liabilities & Equity	$850,000
Little Company Balance Sheet
Assets, Liabilities & Equities	Book Value
Cash	$35,000
AR	$10,000
Inventory	$65,000
Land	$40,000
PP&E	$40,000
Accumulated Depreciation	-$5,000
Patent	$0
Total Assets	$185,000
AP	$25,000
Common Stock	$25,000
Additional Paid In Capital	$35,000
Retained Earnings	$100,000
Total Liabilities & Equity	$185,000
Assume that Fair Value of all noncash assets are 25% greater than book value

Assume that Big Company decides to acquire 100% of Little Company for $200,000. Prepare the consolidated balance sheet and any supporting worksheets.					Prepare the Consolidated Balance Sheet in the area below
Big Company Worksheet					Big Company Balance Sheet
Assets, Liabilities & Equities					Assets, Liabilities & Equities
Cash					Cash
AR					AR
Inventory					Inventory
Land					Land
PP&E					PP&E
Accumulated Depreciation					Accumulated Depreciation
Goodwill
Patent					Patent
Total Assets					Total Assets
AP					AP
Common Stock					Common Stock
Additional Paid In Capital					Additional Paid In Capital
Retained Earnings					Retained Earnings
Total Liabilities & Equity					Total Liabilities & Equity