Company A has just acquired Company b at a premium to book value and ant s to prepare a consolidated balance sheed dates to the acquisition date. The pre-acquisition balances sheets for both firms are below:

Balance Sheet Company A Company B

Cash 20,000 40,000

Accounts Receivable 30,000 25,000

Inventory 60,000 60,000

Investment in Company B 500,000

Land 250,000 300,000

Buildings and equipment 700,000 220,000

Accumulated depreciation (450,000) (120,000)

Total Assets 1,110,000 545,000

Accounts Payable 60,000 50,000

Debt Outstanding 300,000 100,000

Common Stock 600,000 170,000

Retained Earnings 250,000 225,000

What will the buildings and equipment and accumulated depreciation total be under the consolidated balance sheet?

Company A has just acquired Company b at a premium to book value and ant s to prepare a consolidated balance sheed dates to the acquisition date. The pre-acquisition balances sheets for both firms are below:

Balance Sheet Company A Company B

Cash 20,000 40,000

Accounts Receivable 30,000 25,000

Inventory 60,000 60,000

Investment in Company B 500,000

Land 250,000 300,000

Buildings and equipment 700,000 220,000

Accumulated depreciation (450,000) (120,000)

Total Assets 1,110,000 545,000

Accounts Payable 60,000 50,000

Debt Outstanding 300,000 100,000

Common Stock 600,000 170,000

Retained Earnings 250,000 225,000

What will the buildings and equipment and accumulated depreciation total be under the consolidated balance sheet?