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		$	143,750				$	61,400				$	61,400
Receivables			288,750					398,000					398,000
Inventory			625,000					250,000					301,700
Land			655,000					203,000					182,700
Building and equipment (net)			730,000					364,000					431,600
Franchise agreements			277,000					219,000					251,400
Accounts payable			(390,000	)				(153,000	)				(153,000	)
Accrued expenses			(94,000	)				(36,000	)				(36,000	)
Longterm liabilities			(1,057,500	)				(682,500	)				(682,500	)
Common stock$20 par value			(660,000	)
Common stock$5 par value								(210,000	)
Additional paidin capital			(70,000	)				(90,000	)
Retained earnings, 1/1			(405,000	)				(294,000	)
Revenues			(968,000	)				(385,900	)
Expenses			925,000					356,000

Note: Parentheses indicate a credit balance.

On December 31, Padre acquires Sols outstanding stock by paying $242,500 in cash and issuing 15,200 shares of its own common stock with a fair value of $40 per share. Padre paid legal and accounting fees of $24,400 as well as $8,600 in stock issuance costs.

Determine the value that would be shown in Padres consolidated financial statements for each of the accounts listed. (Input all amounts as positive values.)

Worksheet Amounts

Inventory

Land

Buildings and equipment

Franchise agreements

Goodwill

Revenues

Additional paid-in capital

Expenses

Retained earnings, 1/1

Retained earnings, 12/31