Consolidating a wholly-owned subsidiary) Razorback Express, Inc., paid $266,000 to acquire all the common stock of Sooner Corporation, and Sooner owes Razorback $81,000 on a note payable. Immediately after the purchase on September 30, 20X8, the 2 companies’ balance sheets follow.

Razorback	Sooner
Assets
Cash	$ 24,000	$ 20,000
Accounts receivable, net	91,000	42,000
Note receivable from Sooner	81,000	—
Inventory	19,000	214,000
Investment in Sooner	266,000	—
Plant assets, net	278,000	219,000
Total	$759,000	$495,000
Liabilities and Stockholders’ Equity
Accounts payable	$ 57,000	$ 49,000
Notes payable	175,000	149,000
Other liabilities	129,000	31,000
Common stock	150,000	118,000
Retained earnings	248,000	148,000
Total	$759,000	$495,000

Required

Prepare the consolidated balance sheet of Razorback Express (It is sufficient to complete a consolidation worksheet.