On January 2, 2016, Revolution Co. issued 150,000 new shares of its $1 par value common stock valued at $16 a share for all of Founders, Inc.s outstanding common shares. The fair value and book value of Founders identifiable assets and liabilities were the same. Summarized balance sheet information for both companies just before the acquisition on January 2, 2016 is as follows:

	Revolution	Founders
Cash	$ 250,000	$ 180,000
Inventories	320,000	600,000
Other current assets	600,000	400,000
Land	350,000	500,000
Property, plant & equipment	5,100,000	2,000,000
Total Assets	$6,620,000	$3,680,000
Accounts payable	$800,000	$ 350,000
Notes payable	1,800,000	1,150,000
Common stock, $1 par	2,000,000	1,000,000
Additional paid-in capital	1,000,000	350,000
Retained earnings	1,020,000	830,000
Total Liabilities & Equities	$6,620,000	$3,680,000

Required: Prepare a consolidated balance sheet for Revolution Co. immediately after the business combination.