On January $1,$ Park Corporation and Strand Corporation had condensed balance sheets as follows:

On January $2,$ Park borrowed $$61,600$ and used the proceeds to obtain $80$ percent of the outstanding common shares of Strand. The

acquisition price was considered proportionate to Strand's total fair value. The $$61,600$ debt is payable in $10$ equal annual principal

payments, plus interest, beginning December $31.$ The excess fair value of the investment over the underlying book value of the

acquired net assets is allocated to inventory $(60$ percent$)$ and to goodwill $(40$ percent$).$

Required:

On a consolidated balance sheet as of January $2,$ calculate the amounts for each of the following: