Following are preacquisition financial balances for Padre Company and Sol Company as of December 31. Also included are fair values for Sol Company accounts. Company Sol Company Book Values Book Values Fair Values 12/31 12/31 12/31 Cash Receivables Inventory Land Building and equipment (net) Franchise agreements Accounts payable Accrued expenses Longterm liabilities Common stock-$20 par value Common stock-$s par value Additional paid-in capital Retained earnings,1/1 Revenues Expenses 158,000 274,500 582,500 71e,000 665,000 277,000 (339,000) (148,000) (940,000) (660,000) 70,500 305,000 267,000 221,000 299 ,000 256,000 (156,000) (42,500) (607,500) 70,580 305,000 323,100 192,500 363,380 287,380 (156,000) (42,500) (607,5e0) (210,000) (90,000) (290,000) (343, see) 321,000 (7e,000) (450,003) (1,038,000) 978,000 Note: Parentheses indicate a credit balance. On December 31, Padre acquires Sol's outstanding stock by paying $154,000 in cash and issuing 16,700 shares of its own common stock with a fair value of $40 per share. Padre paid legal and accounting fees of $26.300 as well as $10,600 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.) Saved Help Save Common stock-$20 par value Common stock-$5 par value Additional paid-in capital Retained earnings, 1/1 Revenues Expenses (660,000) (210,800) (90,800) (290,000) (343,580) 321,000 (70,000) (458,000) (1,038,000) 978,000 Note: Parentheses indicate a credit balance 42 On December 31, Padre acquires Sol's outstanding stock by paying $154,000 in cash and issuing 16,700 shares of its own common stock with a fair value of $40 per share. Padre paid legal and accounting fees of $26,300 as well as $10,600 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 omounts as positive values) Amounts Land Buildings and equipment Franchise agreements Goodwill Revenue Additional paid-in capital Expenses Retained earnings 1/1 Retained earnings 12/31