On January 2, 2014, Prunce Company acquired 90% of the outstanding common stock of Sun Company for $182,180 cash. Just before the acquisition, the balance sheets of the two companies were as follows:

PrunceSunCash$260,170$ 61,600Accounts receivable (net)135,11024,380Inventory111,38054,670Plant and equipment (net)407,89094,740Land59,39030,620Total asset$973,940$266,010Accounts payable$111,520$ 47,690Mortgage payable70,59036,590Common stock, $2 par value422,40064,870Other contributed capital214,09020,290Retained earnings155,34096,570Total equities$973,940$266,010

The fair values of Sun Company's assets and liabilities are equal to their book values with the exception of land.

a consolidated balance sheet at the date of acquisition.