North Company issued $24,000$ shares of its $$20$ par value common stock for the net assets of Prairie Company in business combination under which Prairie Company will be merged into North Company. On the date of the combination, North Company common stock had a fair value of $$30$ per share. Balance sheets for North Company and Prairie Company immediately prior to the combination were as follows:

$\backslash$table$[[\backslash$table$[[$Current Assets$],[$Plant and Equipment $($net$)],[$Total$]],\backslash$table$[[$North$],[$$$1,314,000$