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 $ 323,750 222,750 510,000 622,500 845,000 296,000 (333,000) (141,000) (1,122,500) (660,000) Sol Company Book Values Fair Values 12/31 12/31 78,250 $ 78,250 346.000 346,000 218,000 269,900 214,000 189,500 307,000 375,000 196,000 226,300 (198,000) (198,000) (32,250) (32,250) (502,500) (502,500) Cash Receivables Inventory Land Building and equipment (net) Franchise agreements Accounts payable Accrued expenses Longterm liabilities Common stock-$20 par value Common stock-$5 par value Additional paid-in capital Retained earnings, 1/1 Revenues Expenses Note: Parentheses indicate a credit balance. (70,000) (430,000) (1,030,500) 967,000 (210,000) (90,000) (299,000) (389,500) 362,000 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.) References 25274