Following are preacquisition financial balances for Padre Company and Sol Company as of December31. 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 $ 424,000 64,400 $ 64,400 Receivables 269,250 307,000 307,000 Inventory 455,000 252,000 307,600 Land 655,000 170,000 146,100 Building and equipment (net) 617,500 292,000 353,100 Franchise agreements 257,000 235,000 274,000 Accounts payable (394,000 ) (152,000 ) (152,000 ) Accrued expenses (181,000 ) (53,000 ) (53,000 ) Longterm liabilities (917,500 ) (487,500 ) (487,500 ) Common stock$20 par value (660,000 ) Common stock$5 par value (210,000 ) Additional paidin capital (70,000 ) (90,000 ) Retained earnings, 1/1 (400,000 ) (302,000 ) Revenues (1,019,250 ) (396,900 ) Expenses 964,000 371,000 Note: Parentheses indicate a credit balance. On December 31, Padre acquires Sols outstanding stock by paying $184,000 in cash and issuing16,800 shares of its own common stock with a fair value of $40 per share. Padre paid legal andaccounting fees of $25,500 as well as $6,500 in stock issuance costs. Determine the value that would be shown in Padres consolidated financial statements for each of theaccounts listed.