On January 1st 2020 The Skywalker and Vadar Companies had the following balance sheets:
		Skywalker		Vadar
	cash	2,000,000		50,000
	accounts receivable	1,000,000		80,000
	inventory	1,000,000		50,000
	equipment	1,000,000		100,000
	accumulated depreciation	500,000		50000
	land	1,000,000		100,000
	total assets	5,500,000		330,000
	accounts payable	1,000,000		40,000
	jcommon stock $1 par	2,000,000		100,000
	apic common stock	1,000,000		100,000
	retained earnings	1,500,000		90,000
On January 2nd Skywalker acquired of 90% the outstanding stock of Vadar Company for 500,000 shares of common stock. On January 2nd Skywalker
stock was selling for $2 per share.
	On January 1st the fair market value of Vadar's land was $125,000; the fair market value of their inventory was $130,000; the fair market value of the
		equipment was $30,000; other assets and liabilities had a fair market value equal to book value
	REQUIRED:
	A)	MAKE THE JOURNAL ENTRY SKYWALKER MAKES WHEN IT ACQUIRES THE VADAR STOCK
	B)	MAKE THE JOURNAL ENTRY VADAR MAKES WHEN ITS STOCK IS ACQUIRED BY SKYWALKER
	C)	PREPARE A CONSOLIDATED BALANCE SHEET ON JANUARY 2ND
	D)	MAKE THE NECESSARY WORKSHEET ENTRIES NEEDED TO PREPARE THE CONSOLDIATED BALANCE SHEET.

This is the entire problem, it's not incomplete. Please solve.

The balance sheet is the first half of the problem. It's a balance sheet for Skywalker and Vadar