Pencil Company acquired 80 percent of Stylus Corporation's stock on January 2, 20X3, for $94.400 cash. Summarized balance shee data for the companies on December 31, 20X2, follow Cash Other Assets Total Debits Current Liabilities Common Stock Retained Earnings Total Credits Pencil Company Book Value Fair Value $ 205,000 $ 205,000 417,000 417,000 $622,000 $ 87,000 87,000 284,800 251,000 $622,000 Stylus Corporation Book Value Fair Value $ 60,000 $ 60,800 125,000 125,000 $185,000 $ 67,000 67.00e 60,000 58,000 $185,000 Required: Prepare a consolidated balance sheet immediately following the acquisition