On June 30. 2017, Wisconsin, Inc, issued $158.250 in debt and 19,400 new shares of its $10 par value stock to Badger Company owners in exchange for all of the outstanding shares of that company. Wisconsin shares ha combination, the financial statements for Wisconsin and Badger for the six month period ending June 30,2017, were a fair value of $40 per share. Prior to the as follows: Wisconsin Revenuen Expenses s (1.001.000) $(362,000) 247,000 $(115, 000) ped 690, 000 Net income Retained earnings, 1/1 Net incone Dividenda declared S (311, 000) S (869,000) (311,000) (204, 000) (115,000) ok 111.750L nces Retained earnings,6/30 Cash Receivables and inventory Patented technology (net) Equipment (net) (1,068,250) (319,000) S92,250 482,000 935, 000 713,000 103,000 293,000 695,000 S 1,285,000 496, 000) (200,000) (270,000) 319.000) (1.285, 000) s 2,222,250 Total asnets Liabilities Common stock Additional paid-in capital Retained earnings (524, 000) (360, 000) (270, 000) Total liabilities and equities $ (2,222,250)