On January 1, NewTune Company exchanges 18,100 shares of its common stock for all of the outstanding shares of On-the-Go, inc Each of Newiune's shares has a $4 par value and a $50 fair value. The fair value of the stock exchanged in the acquisition was merger. Several of On-the-Go's accounts' fair values differ from their book values on this date (credit balances in parentheses): withe Precombination book values for the two companies are as follows: a. Assume that this combination is a statutory merger so that On-the-Go's accounts will be transferred to the records of NewTune. Onthe-Go will be dissolved and will no longer exist as a legal entity. Prepare a postcombination balance sheet for NewTune as of the b. Assume that no dissolution takes place in connection with this combination, Rather, both companies retain their separate legai acquisition date. identities. Prepare a worksheet to consolidate the two companies as of the combination date. a. Assume that this combination is a statutory merger so that On-the-Go's accounts will be transferred to the records of Newtune. Onthe-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: b. 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. Complete this question by entering your answers in the tabs below. Assume that this combination is a statutory merger so that On-the-Go's accounts will be transferred to the records of NewTune. 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