Honda uses activity-based costing. The activity cost pools and drivers are as follows: setup costs $4,500,000 with 600 setups, material handling costs $2,500,000 with 100,000 material moves, and inspection costs $3,000,000 with 50,000 inspections. Calculate the cost driver rate for each activity and determine the cost assigned to a product requiring 30 setups, 10,000 material moves, and 5,000 inspections. Prepare the balance sheet after the formation of the partnership.