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 Book Values 12/31	Sol Company Book Values 12/31	Sol Company Fair Values 12/31
Cash		$ 408,250.00	$ 82,650.00	$ 82,650.00
Receivables		$ 225,750.00	$ 330,000.00	$ 330,000.00
Inventory		$ 632,500.00	$ 219,000.00	$ 275,300.00
Land		$ 792,500.00	$ 173,000.00	$ 149,100.00
Building and equipment (net)		$ 627,500.00	$ 334,000.00	$ 399,800.00
Franchise agreements		$ 225,000.00	$ 255,000.00	$ 285,000.00
Accounts payable		$ (303,000.00)	$ (161,000.00)	$ (161,000.00)
Accrued expenses		$ (141,000.00)	$ (49,750.00)	$ (49,750.00)
Longterm liabilities		$ (1,130,000.00)	$ (550,000.00)	$ (55,000.00)
Common stock$20 par value		$ (660,000.00)
Common stock$5 par value			$ (210,000.00)
Additional paidin capital		$ (70,000.00)	$ (90,000.00)
Retained earnings, 1/1		$ (560,000.00)	$ (306,000.00)
Revenues		$ (1,023,500.00)	$ (381,900.00)
Expenses		$ 976,000.00	$ 355,000.00
On December 31, Padre acquires Sols outstanding stock by paying $367,000 in cash and issuing 12,300 shares of its own common stock with a fair value of $40 per share. Padre paid legal and accounting fees of $28,100 as well as $9,400 in stock issuance costs.
					Determine the value that would be shown in Padres consolidated financial statements for each of the accounts listed.
Inventory:	$ 907,800.00
Land:	$ 941,600.00
Buildings and equipment:	$ 1,027,300.00
Franchise agreements:	$ 510,000.00
Goodwill:
Revenues:
Additional paid-in capital:
Expenses:
Retained earnings, 1/1:
Retained earnings, 12/31: