Part 2: Constructing the Consolidated Balance sheet at Acquisition McGlone inc. purchased 78% of Cassidy inc.'s common stock for $3,612,000 cash on January 1 . When analyzing the purchase price, McGlone determined that the other assets of Cassidy were undervalued by $633,600 and that the company had an unrecorded liability of $240,000 related to ongoing litigation. Any excess purchase price was for goodwill. Required: Use the following table to consolidate the balance sheets of the two companies as of the acquisition date