On December 31, 2013, Price Company purchased a controlling interest in Shipley Company. The balance sheet of Price Company and the consolidated balance sheet on December 3, 2013, were as follows: Cash Accounts receivable Inventory Investment in Shipley Company Plant and equipment (net) Land Price Company $24,170 32,700 130,250 213,170 202,470 128,750 $731,510 Consolidated $38,479 53,790 152,855 -0- 316,600 265,788 $827,512 Total Accounts payable Note payable Noncontrolling interest in Shipley Company Common stock Other contributed capital Retained earnings Total $45,860 106,300 -0- 325,200 174,170 79,980 $731,510 $107,160 106,300 34,702 325,200 174,170 79,980 $827,512 On the date of acquisition, the stockholders' equity section of Shipley Company's balance sheet was as follows: Common stock Other contributed capital Retained earnings $98,390 93,190 50,450 $242,030 Total Prepare Shipley Company's balance sheet as it appeared on December 31, 2013. (List assets in order of liquidity.) SHIPLEY COMPANY Balance Sheet Assets $ Liabilities and Stockholders' Equity $ $