On January 1, Park Corporation and Strand Corporation had condensed balance sheets as follows: Park Current assets $ 97,500 Noncurrent assets 114,000 Total assets $211,500 Current liabilities $ 53,000 Long-term debt 70,500 Stockholders' equity 88,000 Total liabilities and $211,500 equities Strand $39,550 43,200 $82,750 $32,750 0 50,000 $82,750 On January 2, Park borrowed $62,000 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 $62,000 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). On a consolidated balance sheet as of January 2, what should be the amount for current assets? Multiple Choice $137,050. $153,550. $143,650. $164,550. On a consolidated balance sheet as of January 2, what should be the amount for noncurrent assets? Multiple Choice $166,000. $157,200. $168,200. $161,600. On a consolidated balance sheet as of January 2, what should be the amount for current liabilities? Multiple Choice $91,950. $118,500. $53,000. $85,750. On a consolidated balance sheet as of January 2, what should be the amount for noncurrent liabilities? Multiple Choice $132,500. $126,300. $70,500. $120,100