compute the balances to be reported in the consolidated balance sheet immediately after the acquisition for:

a. inventory b. buildings and equipment (net) c. investment in script stock d. goodwill e. common stock f. retained earnings

please show how you got answers for these. thanks.

Post Records Inc. acquired all of Script Studios' voting shares on January 1, 20X2, for $280,000. Post's balance sheet imn after the combination contained the following balances: POST RECORDS INC. Balance Sheet January 1, 20X2 Cash & Receivables Inventory Land Buildings & Equipment (net) Investment in Script Studios Total Assets $1 20,000 110,000 70,000 350,000 280,000 $930,000 Accounts Payable Taxes Payable Notes Payable Common Stock Retained Earnings Total Liabilities & Stockholders' Equity $75,000 50,000 300,000 400,000 105,000 $930,000 Script Studios' balance sheet at acquisition contained the following balances: Script Studios' balance sheet at acquisition contained the following balances: SCRIPT STUDIOS Balance Sheet January 1, 20X2 Cash & Receivables Inventory Buildings & Equipment (net) Goodwill S 40,000 180,000 350,000 30,000 Accounts Payable Notes Payable Common Stock Additional Paid-In Capital Retained Earnings $ 90,000 250,000 100,000 200,000 (40.000) Total Assets 600,000 Total Liabilities & Stockholders' Equity $600,000 On the date of combination, the inventory held by Script had a fair value of $170,000, and its buildings and recording equipment had a fair value of $375,000. Goodwill reported by Script resulted from a purchase of Sound Stage Enterprises in 20X1. Sound Stage was liquidated and its assets and liabilities were brought onto Script's books