On January 1, 2015, New Tune Company exchanges 15.000 shares of its common stock for all of the outstanding shares of on-the-Go, Inc. Each of NewTune's shares has a $4 value and a $50 fair value. The fair value of the stock exchanged in the acquisition was considered equal to on-the-Go's fair value. NewTune also paid $25,000 in stock registration and issuance costs in connection with the merger. Several of On-the-Go's accounts fair values differ from their book values on this date: Precombination January 1, 2015, book values for the two companies are as follows: Assume that this combination is a statutory merger so that On-the-Go's accounts will be transferred to the records of New Tune. On-the-Go will be dissolved and will no longer exist as a legal entity. Prepare a postcombination balance sheet for NewTune as of the acquisition date. Assume that no dissolution takes place in connection with this combination. Rather, both companies retain their separate legal identities. Prepare a worksheet to consolidate the two companies as of the combination date. How do the balance sheet accounts compare across parts (a) and (b)