jean and john inc had the following balance sheets on august 31. 2019: cash accounts receivable inventor plant and equipment (net) trademark total assets accounts payable bonds payable common shares retained earnings total liabilities and equity jean incl (carrying value) $1.200.000 $ 400.000 $ 240,000 $ 860,000 $2,700,000 $1,500,000 $ 600,000 $ 500.000 $ 100,000 $2,700,000 john inc. john inc. (carrying value) (fair value) $300.000 $300.000 $ 64.000 $ 64.000 $ 80.000 $ 60.000 $256.000 3300.000 $ 20.000 $ 36.000 $720.000 $300.000$300,000 $240.000 $210.000 $ 60.000 $120.000 $720,000 on august 31, 2019. jean's date of acquisition. jean inc. purchased 90% of john inc. for cash consideration of $400.000. assuming the above balance sheets were prepared immediately before the acquisition, prepare jean inc's consolidated balance sheet on the date of acquisition using the identifiable asset method.