Corporation. Casey plans to maintain Kennedy as a wholly owned subsidiary with separate legal status and accounting information systems. At the acquisition date, Casey prepared the following fair-value allocation schedule: $ 3,300,000 2,600,000 $ 700,000 Fair value of Kennedy (consideration transferred) Carrying amount acquired Excess fair value to buildings (undervalued) to licensing agreements (overvalued) to goodwill (indefinite life) $ 382.000 (108,000) 274,000 426.000 $ Immediately after closing the transaction, Casey and Kennedy prepared the following postacquisition balance sheets from their separate financial records. $ Casey 457,000 1,655,000 1,310,000 3,300.000 6,315,000 Kennedy 172,500 347,000 263,500 2,090,000 3.070.000 Accounts Cash Accounts receivable Inventory Investment in Kennedy Buildings (net) Licensing agreements Goodwill Total assets Accounts payable Long-term debt Common stock Additional paid-in capital Retained earnings Total liabilities and equities $ $ 347.000 13,384,000 (394, 000) (3,990,000) (3,000,000) $ 5,943,000 $ (393, 000) (2,950,000) (1,000,000) (500,000) (1,100,000) $ (3,943,000) (6,000,000). $ (13,384,000) Prepare an acquisition date consolidated balance sheet for Casey Corporation and its subsidiary Kennedy Corporation. (Negative amounts should be indicated by a minus sign.) Draw 13 of 13 ! Next >