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 Receivables Inventory Land $ 354,750 56,700 $ 56,700 242,250 312,000 312,000 482,500 174,000 229,900 720,000 194,000 171,200 Building and equipment (net) 837,500 332,000 395,300 Franchise agreements Accounts payable 242,000 252,000 290,800 (352,000) (152,000) (152,000) Accrued expenses (189,000) (54,500) (54,500) Longterm liabilities (1,132,500) (532,500) (532,500) Common stock-$20 par value (660,000) (210,000) (70,000) (90,000) (422,500) (260,000) (1,000,000) (354,700) 947,000 333,000 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 $228,000 in cash and Issuing 14,500 shares of Its own common stock with a fair value of $40 per share. Padre paid legal and accounting fees of $22,400 as well as $10,000 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.) Answer is not complete. Amounts Accounts Inventory $ 712,400 Land $ 891,200 Buildings and equipment $ 1,232,800 Franchise agreements $ 532,800 Goodwill Revenues Additional paid-in capital Expenses Retained earnings, 1/1 Retained earnings, 12/31 $ 1,000,000 $ 422,500