Fineline Pencil Company acquired 80 percent of Smudge Eraser Corporations stock on January 2, 20X3, for $104,000 cash. Summarized balance sheet data for the companies on December 31, 20X2, are as follows:

	Fineline Pencil Company							Smudge Eraser Corporation
	Book Value			Fair Value				Book Value			Fair Value
Cash	$	210,000		$	210,000			$	64,000		$	64,000
Other Assets		401,000			401,000				133,000			133,000
Total Debits	$	611,000						$	197,000
Current Liabilities	$	87,000			87,000			$	67,000			67,000
Common Stock		285,000							64,000
Retained Earnings		239,000							66,000
Total Credits	$	611,000						$	197,000

Required:

Prepare a consolidated balance sheet immediately following the acquisition.