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Jamison Company acquires a subsidiary by issuing 100,000 common shares with a market value of $25 per share for all of the subsidiary's common stock.

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Jamison Company acquires a subsidiary by issuing 100,000 common shares with a market value of $25 per share for all of the subsidiary's common stock. The subsidiary's assets and liabilities were recorded at fair values with the exception of equipment undervalued by $225,000. In addition, there were two unrecorded assets: a trademark valued at $175,000 and a customer list valued by the subsidiary at $60,000. The balance sheets of the parent and subsidiary immediately after the acquisition are presented below: Cash Accounts Receivable Inventory Equity Investment Property, plant and equipment (net) Parent $740,000 900,000 440,000 2,500,000 Subsidiary $420,000 625,000 750,000 Accounts payable Salaries payable Long-Term Notes Payable Common Stock Additional paid-in capital Retained earnings 3,190,000 $7,770.000 $125,000 60,000 700,000 200.000 5,000,000 1,685,000 sz.770,000 1,205,000 $3,000,000 $145,000 35,400 850,000 150.000 300,000 1,519,600 $3.000.000 At what amounts will each of the following appear on the consolidated balance sheet? Inventory Equity Investment Property, plant and equipment (net of accumulated depreciation) Goodwill Common Stock Additional paid-in capital Retained Earnings Total Intangible Asset

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