in this problem, what was the book value of assets and liabilities transferred to Skine company???

Phoster Corporation established Skine Company as a wholly owned subsidiary, Phoster reported the following balance sheet amounts immediately before and after it transferred assets and accounts payable to Skine Company in exchange for 4,000 shares of $12 par value common stock: Cash Accounts Receivable Inventory Investment in Skine Company Land Depreciable Assets Accumulated Depreciation Total Assets Accounts Payable Bonds Payable Common Stock Retained Earnings Total Liabilities & Equities Amount Reported Before Transfer After Transfer $ 40,000 $ 25,000 65,000 41,000 30.000 21,000 66,000 15.000 12,000 S180.000 $115.000 75,000 105,000 47.000 68,000 S255.000 $233,000 $ 40,000 S 18.000 80,000 80,000 60.000 60,000 75,000 75.000 $255,000 $233.000 Required a. Give the iournal entry that Phacer recorded when it transformiti