Pencil Company acquired 80 percent of Stylus Corporation's stock on January 2, 20X3, for $104,000 cash. Summarized balance sheet data for the companies on December 31, 20X2, follow: Pencil Compan Stylus Corporation Book ValueFair Value BookValue $215,000 408.000 $623,000 $ 97,000 282,000 244,000 $623,000 Fair Value $215,000 408,000 Cash Other Assets Total Debits current Liabilities Common Stock Retained Earnings Total Credits $ 68,000 139,000 $207,000 $77,000 68,000 62,000 $207,000 68,000 139,000 97,000 77,000 Required: Prepare a consolidated balance sheet immediately following the acquisition PENCIL COMPANY AND SUBSIDIARY Consolidated Balance Sheet January 2, 20X3 Assets Total Assets 0 Liabilities and Stockholders' Equity Total Liabilities and Stockholders' Equity