On May 1, Burns Corporation acquired 100 percent of the outstanding ownership shares of Quigley Corporation in exchange for $718,500 cash. At the acquisition date, Quigley's book and falr values were as follows: Burns directs Quigley to seek additional financing for expansion through a new long-term debt issue. Consequently, Quigley will Issue a set of financial statements separate from that of its new parent to support its request for debt and accompanying regulatory filings. Quigley elects to apply pushdown accounting in order to show recent fair valuations for its assets. Prepare a separate acquisition-date balance sheet for Quigley Corporation using pushdown accounting