Help & Save is a private not-for-profit entity that operates in Kansas. Swim For Safety is a private not-for-profit entity that operates in Missouri. The leaders of these two organizations have decided to combine forces on January 1, 2020, in order to have a bigger impact from their work. They are currently discussing ways by which this combination can be created. The following are statements of financial position for both charities at that date. HELP & SAVE Statement of Financial Position Assets Cash January 1, 2020 $1,650,000 Contributions receivable (net) Investments Buildings & equipment (net) Total assets Liabilities Accounts payable and accrued liabilities Notes payable 80,000 325,000 725,000 $2,780,000 $135,000 1,125,000 Total liabilities Net Assets Net assets without donor restrictions. Net assets with donor restrictions Total net assets Total liabilities and net assets: SWIM FOR SAFETY Statement of Financial Position January 1, 2020 $1,260,000 $1,150,000 370,000 $1,520,000 $2,780,000 Assets Cash $550,000 Contributions receivable (net) 220,000 Investments 195,000. Buildings & equipment (net) 615,000 Total assets $1,580,000 Liabilities Accounts payable and accrued liabilities $120,000 Notes payable 645,000 Total liabilities $765,000 Net Assets Net assets without donor restrictions $445,000 Net assets with donor restrictions 370,000 $815,000 $1,580,000 Total net assets Total liabilities and net assets The buildings and equipment reported by Help & Save have a fair value of $930,000. The buildings and equipment reported by Swim For Safety have a fair value of $750,000. Required: a. Assume Help & Save pays $1.05 million in cash from its net assets without donor restrictions to gain complete control over Swim For Safety. If it is not assumed that Swim For Safety will be predominantly supported by contributions and investment income in the future. what balances will appear on the statement of financial position immediately after control is gained? (Enter your answers in dollars not in millions of dollars.)