Following are preacquisition financial balances for Padre Company and Sol Company as of December 31. Also included are fair values for Sol Company accounts Cash Receivables Inventory Land Building and equipment (net) Franchise agreements Accounts payable Accrued expenses Longterm liabilities Common stock-$20 par value Common stock-55 par valve Additional paid-in capital Retained earnings, 1/1 Revenues Expenses Padre Company Sol Company Book Values Book Values Fair Values 12/31 12/31 12/31 $ 3e8,750 62,200 $ 62,200 279,000 353,000 353,eee sie, ee 269,000 323,100 677,5ea 175,000 150,9ee 747,500 340.00 403,600 288,000 273,00 384,200 (375,000) (185,000) (185,000 (97.000 (52,000) (52,000) (1,097,500) (590,000) (590,000) (660,000) (210,000) (70,000) (90,000) (537,500) (326,000) (1,055,750) (418,200) 1,000,000 398,090 Note Parentheses indicate a credit balance On December 31, Padre acquires Sol's outstanding stock by paying $354,000 in cash and issuing 12,600 shares of its own common stock with a fair value of $40 per share. Padre paid legal and accounting fees of $28.400 as well as $14,100 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 On December 31, Padre acquires Sol's outstanding stock by paying $354,000 in cash and issuing 12,600 shares of its own common stock with a fair value of $40 per share Padre paid legal and accounting fees of $28,400 as well as $14,100 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.) Amounts Accounts Inventory Land Buildings and equipment Franchise agroomonts Goodwill Revenues Additional paid-in capital Expense Retained earnings, 1/1 Retained eamings 12/31