On January 1, Park Corporation and Strand Corporation had condensed balance sheets as follows: On January 2, Park borrowed $66,800 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 $66,800 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