Current Attemptin Progress E Company purchased 80% of the outstanding common stock of P Company on January 2, 2020, for $390,000. Balance sheets for E Company and P Company immediately after the stock acquisition were as follows: E Company P Company Current assets $166,000 $95,000 Investment in P Company 390,000 -0- Plant and equipment (net) 560,000 228,000 Land 48,000 131,000 $1,164,000 $454,000 Current liabilities $124,000 $44,000 Long-term notes payable -0- 31,000 Common stock 510,000 180,000 Other contributed capital 340,000 64,000 Retained earnings 190,000 135,000 $1,164,000 $454,000 P Company owed E Company $22,000 on open account on the date of acquisition. Prepare a consolidated balance sheet for E and P Companies on the date of acquisition. Any diff