Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1 , 2021 , for $802,720 cash. At the acquisition date, Sierra's total fair value, including the noncontrolling interest, was assessed at $1,003,400 although Sierra's book value was only $690,000. Also, several individual items on Sierra's financial records had fair values that differed from their book values as follows: At year-end, there were no intra-entity receivables or payables. Prepare a worksheet to consolidate the financial statements of these two companies