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 Book Values Fair Values Values 12/31 12/31 12/31 Cash Receivables Inventory Land $ 323,750 78,250 $ 78,250 222,750 346,000 346,000 510,000 218,000 269,900 622,500 214,000 189,500 Building and equipment (net) 845,000 307,000 375,000 Franchise agreements Accounts payable 296,000 (333,000) (198,000) 196,000 226,300 (198,000) Accrued expenses (141,000) (32,250) Longterm liabilities (1,122,500) (502,500) (32,250) (502,500) Common stock-$20 par value (660,000) (210,000) (70,000) (90,000) (430,000) (299,000) (1,030,500) (389,500) 967,000 362,000 Common stock-$5 par value Additional paid-in capital Retained earnings, 1/1 Revenues Expenses Note: Parentheses indicate a credit balance. On December 31, Padre acquires Sol's outstanding stock by paying $405,000 in cash and issuing 10,700 shares of its own common stock with a fair value of $40 per share. Padre paid legal and accounting fees of $22,900 as well as $11,600 in stock issuance costs. Determine the value that would be shown in Padre's consolidated financial statements for each of the accounts listed. (Input all amounts as positive values.) Inventory Land Accounts Amounts Buildings and equipment Franchise agreements Goodwill $ 80,800 Revenues Additional paid-in capital $ 272,400 Expenses Retained earnings, 1/1 Retained earnings, 12/31 $ 989,900 $ 430,000