Company A has just acquired company B at book value and wants to prepare a consolidated balance sheet as of the acquisition date The pre acquisition balance sheet for both firms are below

Company A Company B

Cash 50,000 10,000

AR 60,000 50,000

Inventory 40,000 100,000

Land 500,000 250,000

Building and Equipment 600,000 220,000

Accumulated depreciation (350,000) (160,000)

Total Assets 900,000 400,000

Accounts payable 50,000 50,000

Debt outstanding 200,000 200,000

Common Stock 350,000 175,000

Retained earnings 300,000 25,000

What will the retained earnings and common stock totals be under the consolidated balance sheet?