Consolidated Balances, Different Acquirers Microtech Corporation and Webnet Solutions, Inc. have identical balance sheets, as follows $($in millions$)$:

Assets

Current assets

Property, plant and equipment, net. Patents

Total assets.

Liabilities and Shareholders' Equity

Current liabilities.

Long$-$term debt.

Common stock, par value

Additional paid$-$in capital.

Retained earnings

Total liabilities and equity

$$10$

$50$

$5$

$$65$

$$4$

$20$

$2$

$25$

$14$

$$65$

Microtech's property, plant and equipment has a fair value of $$70$ million, and its patents have a fair value of $$15$ million. Microtech also has developed technology with a fair value of $$100$ million and client relationships worth $$29$ million. Both intangibles satisfy the Codification's criteria for capitalization. Webnet Solution's assets and liabilities are all fairly stated and it has no previously unrecorded intangibles. Assume that the two companies have the same stock price.

Microtech and Webnet Solutions are planning a business combination. One company will issue $$200$ millin in stock, with a par value of $$1$ million, for the stock of the other company. They are not sure who will issue the stock, and therefore who will be the acquirer in this transaction.

b$.$ Prepare a consolidated balance sheet working paper, assuming Webnet Solutions is the acquiring company, and issues $$200$ million in stock for all of the stock of Microtech.