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On June 30, 2017, Wisconsin, Inc., issued $288,000 in debt and 17,300 new shares of its $10 par value stock to Badger Company owners in

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On June 30, 2017, Wisconsin, Inc., issued $288,000 in debt and 17,300 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 had a fair value of $40 per share. Prior to the combination, the financial statements for Wisconsin and Badger for the six-month period ending June 30, 2017, were as follows: $ $ $ Badger (353,000 249.000 (164,000) (239,000) (104.000) Revenues Expenses Net Income Retained earnings, 1/1 Net Income Dividends declared Retained earnings, 6/30 Cash Receivables and inventory Patented technology (net) Equipment (net) Total assets Liabilities Common stock Additional paid-in capital Retained earnings Total liabilities and equities Wisconsin $ (1,613,000) 752,000 5 (261,000) $ (803,000) (261.000) 92.500 $ (971,500) $1,500 415,000 925,000 765.000 $ 2,156,500 $ (555,000) (360,000) (270,000) (971, 500 $(2,156,500) $ (343,000) $ 60,000 188, eee 337,000 640,000 $ 1,225,000 $ (412,000) (200,000) (270,000) (343,000) 5(1,225,000) Liabilities Common stock Additional paid-in capital Retained earnings Total liabilities and equities 5 (555,000) (360,000) (270,000) (971,500 $(2,156,500) $ (412,000) (200,000) (278,000) (343,000) $(1,225,000) Ook Wisconsin also paid $30,300 to a broker for arranging the transaction. In addition, Wisconsin paid $41.200 in stock issuance costs. Badger's equipment was actually worth $779,500, but its patented technology was valued at only $308,300. irences What are the consolidated balances for the following accounts? (Input all amounts os positive values) Amounts Accounts a. Net Income b. Retained earnings, 1/1/17 c. Patented technology d. Goodwill e. Liabilities f. Common stock 9. Additional paid-in capital

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