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

Items Park Strand

Current assets $ $116,750$ $ $25,400$

Noncurrent assets $92,00043,600$

Total assets $ $208,750$ $ $69,000$

Current liabilities $ $38,000$ $ $19,000$

Long$-$term debt $73,7500$

Stockholders' equity $97,00050,000$

Total liabilities and equities $ $208,750$ $ $69,000$

On January $2,$ Park borrowed $$59,200$ and used the proceeds to obtain $80$ percent of the outstanding common shares of Strand. The acquisition price was considered proportionate to Strand$$s total fair value. The $$59,200$ 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:

a$.$ current assets

b$.$ noncurrent assets

c$.$ current liabilities

d$.$ non current liabilities

e$.$ stockholders equity