Peace Computer Corporation acquired 75 percent of Symbol Software Company's stock on January 2, 20X3, by issuing bonds with a par value of $50,000 and a fair value of $67,500 in exchange for the shares. Summarized balance sheet data presented for the companies just before the acquisition follow: Cash Other Assets Total Debits Current Liabilities Common Stock Retained Earnings Total Credits Peace Computer Corporation Book Value Fair Value $ 200,000 $ 200,000 400,000 400,000 $600,000 $100,000 100,000 300,000 200,000 $600,000 Symbol Software Company Book Value $ 50,000 $ 50,000 120,000 120,000 $170,000 $ 80,000 80,000 50,000 40,000 $170,000 Required: Prepare a consolidated balance sheet immediately following the acquisition. PEACE COMPUTER CORPORATION AND SUBSIDIARY Consolidated Balance Sheet January 2, 20X3 Assets Total Assets Liabilities and Stockholders' Equity Total Liabilities and Stockholders' Equity