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On July 1, 20X9, Big Corporation purchased all of Small Company's outstanding common stock. Small Company was dissolved immediately after the acquisition. Big Company paid

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On July 1, 20X9, Big Corporation purchased all of Small Company's outstanding common stock. Small Company was dissolved immediately after the acquisition. Big Company paid cash of $200,000 for the acquisition. Just before the acquisition, the two companies have the following information. Balance Sheet Amounts Fair values Big Co. Small Co Small Co Cash Accounts Receivable Inventory Buildings & Equipment (net) 210,000 35,000 80,000 360,000 685,000 25,000 25,000 145,000 515,000 660,00o 685,000 5,000 10,000 18,000 42,000 75,000 8,000 8,000 5,000 62,000 67,000 75,000 5,000 10,000 25,000 72,000 112,000 8,000 8,000 Total assets Accounts Payable Total liabilities Common Stock Retained Earnings Total equity Total liabilities and equity In addition to the information above, Small Company has a patent with a fair value of $50,000 that is not included in its balance sheet. Compute the following balances that will be on Big. Company's balance sheet immediately after the merger. Ifan account will not exist, enter a o. Enter ONLY a number, no text. Do not use any punctuation or enter negative numbers 1. Inventory 2. Goodwill 3. Accounts receivable 4. Common stock

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