Pencil Company acquired 80 percent of Stylus Corporation's stock on January 2, 20X3, for $92,800 cash. Summarized balance sheet 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 $ 205,000 406,000 406,000 $611,000 $ 93,000 93,000 296,000 222,000 $611,000 Stylus Corporation Book Value Fair Value $ 56,000 $ 56,000 133,000 133,000 $189,000 $ 73,000 73,000 56,000 60,000 $189,000 Required: Prepare a consolidated balance sheet immediately following the acquisition