Can someone please explain how to calculate Fair Value for Skyler Corp based on the information provided below

On January 1, Paisley, Inc., paid $560,000 for all of Skyler Corporations outstanding stock. This cash payment was based on a price of $180 per share for Skylers $100 par value preferred stock and $38 per share for its $20 par value common stock. The preferred shares are voting, cumulative, and fully participating. At the acquisition date, the book values of Skylers accounts equaled their fair values. Any excess fair value is assigned to an intangible asset and will be amortized over a 10-year period.

During the year, Skyler sold inventory costing $60,000 to Paisley for $90,000. All but $18,000 (measured at transfer price) of this merchandise has been resold to outsiders by the end of the year. At the end of the year, Paisley continues to owe Skyler for the last shipment of inventory priced at $28,000.

Also, on January 2, Paisley sold Skyler equipment for $20,000 although it had a carrying amount of only $12,000 (original cost of $30,000). Both companies depreciate such property according to the straight-line method with no salvage value. The remaining life at this date was four years. The following financial statements are for each company for the year ending December 31 (credit balances indicated by parentheses).