On January 1, 2018, Marshall Company acquired 100 percent of the outstanding common stock of Tucker Company. To acquire these shares, Marshall issued $326,000 in long-term liabilities and 20,000 shares of common stock having a par value of $1 per share but a fair value of $10 per share. Marshall paid $28,000 to accountants, lawyers, and brokers for assistance in the acquisition and another $13,000 in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows: Cash Receivables Inventory Land Buildings (net) Equipment (net) Accounts payable Long-term liabilities Common stock-$1 par value Common stock-$20 par value Additional paid-in capital Retained earnings, 1/1/18 Marshall Tucker Company Company Book Value Book Value $ 68,700 $ 22,600 341,000 155,000 370,000 212,000 249,000 254,000 499,000 270,000 196,000 52,500 (217,000) (41,100) (481,000) (326,000) (110,000) (120,000) (360,000) (555,700) (479,000) Note: Parentheses indicate a credit balance. u$7250 l and hy Check my work Determine the amounts that Marshall Company would report in its postacquisition balance sheet. In preparing the postacquisition balance sheet, any required adjustments to income accounts from the acquisition should be closed to Marshall's retained earnings. Other accounts will also need to be added or adjusted to reflect the journal entries Marshall prepared in recording the acquisition. Consolidated Totals ipped -Book Print erences Cash Receivables Inventory Land Buildings (net) Equipment (net) Total assets Accounts payable Long-term liabilities Common stock Additional paid-in capital Retained earnings Total liabilities and equities 1 Required B >