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On January 1, 2021, Marshall Company acquired 100 percent of the outstanding common stock of Tucker Company . To acquire these shares. Marshall issued $280,000 in long-term liabilities and 20,000 shares of common stock having a par value of $1 per share but a fair value of $10 per share. Marshall paid $31,500 to accountants, lawyers, and brokers for assistance in the acquisition and another $16,000 in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows: Note Parentheses indicate a credit balance in Marshails aporaisal of Tucket. it deemed three accounts to be undervalued on the fubsidarye bocks. ifwentify by $6,500 Land by owned subsidiary. a. Determine the ambunts that Marthall Company would report in its postacqusition consolidated bolance sheet in preparing the retained eamings. Other accounts will also need to be added or adjusted ta refiect the foumbl enthies Marsthall prepared in lecoiding the acquisition b. To verity the answers found in part (a), prepare a worksheet to consolidate the balance sheets of these two cormpanies as of Januaty 1,2021 Complete this question by entering your answers in the tabs below. Determine the amounts that Marshall Company would report in its postacquisition consolidated balance sheet. In preparing the postacquisition balance sheet, any required adjustments to income accounts from the acquisition should be closed to Marshall's retained earnings. Other accounts will also need to be added or adjusted to reflect the journal entries Marshall prepared in recording the acquisition. (Input all amounts as positive values.) Complete this question by entering your answers in the tabs below. To verify the answers found in part (a), prepare a worksheet to consolldate the balance sheets of these two companies as of 3anuary 1, 202.1. (For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet. Input all amounts as positive values.) Note: Parentheses indicate a credit balance