Assume that Big Company decides to Calculation of fair acquire 100% of Little Company for Assume that Big Compan y decides to acquire 100% of Little value of the net assets of Little Company Prepare the Consolidated Balance Sheet in the area below $200,000. Prepare the consolidated Journal Entry for Acquisition Company for $200,000. Prepare the consolidated balance sheet and any supporting worksheets. balance sheet and any supporting Big Company Balance sheet Bix Company Worksheet Big Company Balance Sheet $35,000 $10,000 Assets, Liabilities & Equities Book Assets, Liabilities &Equities Cash Assets, Liabilities& Equities Cash AR $10, Inventory $50,000 PPBE PP&E $25,1 PP&E PP&E Accumulated Depreciation 5150, Goodwill Total Assets Total Assets Total A5sets Common Stock Adcitional Paid In Capital Retained Earnines 5395 5300, Common Stock Additional Paid In Capital Retained Earnings Common Stock Additional Paid In Capital Retained Earnines $45 5850,000 Totel Liebilities&E Total Liabilities & Total Lieabilities & Ecui Little Company Balance Sheet Assets, Lishilities& Equities $35,000 $10,000 $65,000 $40,000 $35,000 $10,000 $65,000 50,000 $50,000 $5,000 AR PP&E $5,000 Total Assets Common Stock Additional Pald in Capital Retained Earnings 5185,000 $25,000 $25,000 $35,000 $100,000 5205,000 $25,000 $25,000 $35,000 100,000 Total Liabilities & Equity Assume that Fair Value of all noncash assets are 25% greater than book value