On January $2,2023$ Green Corporation enters into a business combination with Bay Corporation in which Bay

Corporation is dissolved. Green pays $$3,000,000$ for Bay, the consideration with $100,000$ shares of $$10$ par

common stock with market value of $$50$ per share. In Addition, Green pays the following expenses in cash at the

time of the merger:

Prepare a balance sheet for Green Corporation on January $2,2023,$ immediately after the merger, assuming the merger is treated as an acquisition.

On January $2,2023$ Green Corporation enters into a business combination with Bay Corporation in which Bay

Corporation is dissolved. Green pays $$3,000,000$ for Bay, the consideration with $100,000$ shares of $$10$ par

common stock with market value of $$50$ per share. In Addition, Green pays the following expenses in cash at the

time of the merger:

Prepare a balance sheet for Green Corporation on January $2,2023,$ immediately after the merger, assuming the merger is treated as an acquisition.