On May 1, Soriano Co. reported the following account balances along with their estimated fair values:

Carrying Amount Receivables Inventory Copyrights Patented technology Fair Value 47, 300 84,200 554,500 629, 000 Total asseta Current 1iabilities Long-term liabilities Common atock Retained earnings 47, 300 $ 4, 200 150, 500 851,000 $1,133,000 $1,315,000 168,000 649,000 100, 216,000 168,000 636, 300 Total liabilities and equities 61,133, 000 On that day, Zambrano paid cash to acquire all of the assets and liabilities of Soriano, which will cease to exist as a separate entity. To facilitate the merger, Zambrano also paid $143,500 to an investment banking firm. The following information was also available: Zambrano further agreed to pay an extra $72,600 to the former owners of Soriano only if they meet certain revenue goals during the next two years. Zambrano estimated the present value of its probability adjusted expected payment for this contingency at $36,300.