Check m Following are selected account balances from Penske Company and Stanza Corporation as of December 31, 2018 Penake Revenues cost of goods old Depreciation expenae Investment income Dividends declared Retained earnings, 1/1/18 Current asseta Copyrights Royalty agreements Inveaceent in Stanza Liabilities common tock Additional paid-in capital (702,000) 250, 700 222,000 6 (668, 000) 167,000 312, 000 Not given 20, 000 (654, 000) 406, 00o 998,000 654, 000o 60, 000 (284,000) 606, 000 402,000 1,136.000 ped Not given (586, 000) (2, 451, 000) (600,000) ($20 par) (200, 000) ($10 par) [250,000) 180, 000) Note: Parentheses indicate a credit balance On January 1, 2018, Penske acquired all of Stanza's outstanding stock for $815,000 fair value in cash and common stock. Penske also paid $10,000 in stock issuance costs. At the date of acquisition copyrights (with a sx-year remaining life) have a $498,000 book value but a fair value of $630,000