Consolidated Balance Sheet Working Paper, Identifiable Intangibles \begin{tabular}{|l|r|} \hline Cash paid to GP shareholders & $10,000 \\ \hline Cash paid to consultants and lawyers & 2,400 \\ \hline Fair value of new IA stock issued, 1,000 shares, \$4 par & 72,000 \\ \hline Stock registration fees, paid in cash & 1,800 \\ \hline Fair value of earnings contingency & 500 \\ \hline \end{tabular} The earnings contingency, if paid, will occur three years subsequent to the acquisition. The balance sheet accounts of GP and IA, just prior to the acquisition, are as follows: \begin{tabular}{|l|r|} \hline \multicolumn{1}{|c|}{ (in thousands) } & Fair value \\ \hline Licensing agreements & $4,800 \\ \hline Skilled workforce & 30,000 \\ \hline Order backlogs & 10,000 \\ \hline Future synergies between IA and GP supply chains & 3,200 \\ \hline \end{tabular} c. Prepare the consolidated balance sheet at the date of acquisition. - Do not use negative signs with any of your answers below. - Enter answers in thousands