Following are preacquisition financial balances for Padre Company and Sol Company as of December 31. Also included are fair values for Sol Company accounts. Padre Company Sol Company Book Values Book Values Fair Values 12/31 12/31 12/31 Cash $ 115,250 $ 54,400 $ 54,400 Receivables 240,750 353,000 353,000 Inventory 440,000 286,000 341,300 Land 680,000 163,000 142,500 Building and equipment (net) 835,000 294,000 363,700 Franchise agreements 313,000 229,000 259,900 Accounts payable (319,000 ) (147,000 ) (147,000 ) Accrued expenses (127,000 ) (30,000 ) (30,000 ) Long-term liabilities (957,500 ) (597,500 ) (597,500 ) Common stock$20 par value (660,000 ) Common stock$5 par value (210,000 ) Additional paid-in capital (70,000 ) (90,000 ) Retained earnings, 1/1 (437,500 ) (284,000 ) Revenues (1,015,000 ) (399,900 ) Expenses 962,000 379,000

Note: Parentheses indicate a credit balance.

On December 31, Padre acquires Sols outstanding stock by paying $253,500 in cash and issuing 14,700 shares of its own common stock with a fair value of $40 per share. Padre paid legal and accounting fees of $28,700 as well as $14,700 in stock issuance costs.

Determine the value that would be shown in Padres consolidated financial statements for each of the accounts listed.